Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
Question
Book Icon
Chapter 9, Problem 22P

(a)

Summary Introduction

Interpretation:

The party that will receive the contract, if MS Cinema was to use lowest price to award the contract.

Concept Introduction:

The main aim of the procurement process is of choosing the supplier’s offer. Different method may be used to evaluate the supplier.

(b)

Summary Introduction

Interpretation:

The party that would be selected by MS Cinema if liner averaging is used.

Concept Introduction:

Linear averaging is the numerically weighted valuation method employed in situations such as selecting the suppliers, ranking candidates, selecting a location, or awarding contacts. In this method, each factor score is multiplied by its weight and the entire sum is added to find the best option. The high value of the weighted score is the selected best option.

(c)

Summary Introduction

Interpretation:

The issue of price is twice as important to MS cinema as either quality or reliability and the score would DCC service earn under this weighting scheme.

Concept Introduction:

The main aim of the procurement process is the choosing the supplier’s offer. Different method may be used to evaluate the supplier.

(d)

Summary Introduction

Interpretation:

Suggestion on the janitorial service supplier assuming the weighting scheme described in part c.

Concept Introduction:

The main aim of the procurement process is the choosing the supplier’s offer. Different method may be used to evaluate the supplier.

Blurred answer
Students have asked these similar questions
You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been sub-mitted by three suppliers: Thailand Polishing, India Shine, and Sacramento Glow. Thailand Polishing has submitted a bid of2,000 baht. India Shine has submitted a bid of 2,000 rupees.Sacramento Glow has submitted a bid of $200. You check withyour local bank and find that +1 = 10 baht and +1 = 8 rupees.Which company should you choose?
The term of sale contract signed between company A (buyer) and its supplier is FOB origin. Company A buys a product from its supplier and it is shipped by USPS. Who is the owner of the product, when it is in USPS storage and will be soon on the way to be delivered to company A?  Group of answer choices Company A The supplier USPS Both company A and the supplier Both supplier and USPS
How would you approach the sourcing of bed linens and terrycloth items? That is, would you use a reverse auction or request for proposal? Under what circumstances would you change suppliers?How would you approach the sourcing of bed linens and terrycloth items? That is, would you use a reverse auction or request for proposal? Under what circumstances would you change suppliers?
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning