Operations Management: Processes and Supply Chains, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)
12th Edition
ISBN: 9780134855424
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Question
Chapter A, Problem 13P
(a)
Summary Introduction
Interpretation: The vendors that can be recommended out of the 5 vendors are to be identified.
Concept Introduction:
The weighted scoring method is defined as a framework that is designed to help in deciding how to prioritize various features and other initiatives on the product roadmap. In this framework, the initiatives are scored as per a set of criteria on the basis of cost-vs-benefits, and finally, they are ranked by their final scores.
(b)
Summary Introduction
Interpretation: Whether there would be a change when the criteria were considered as equally important.
Concept Introduction:
The weighted scoring method is defined as a framework that is designed to help in deciding how to prioritize various features and other initiatives on the product roadmap. In this framework, the initiatives are scored as per a set of criteria on the basis of cost-vs-benefits, and finally, they are ranked by their final scores.
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you are in charge of analyzing five new suppliers of an important raw material and have been given the information shown in the table(1=worst, 10=best) management has decided that criteria 2 and 3 are equally important and that criteria 1 and 4 are each four times as important as a criterion 2. no more than two new suppliers are required, but each new vendor must exceed a total score of 70 percent of the maximum total points to be considered
performance criterion
vendor a
vendor b
vendor c
vendor d
vendor e
quality of raw material
8
7
3
6
9
environmental impact
3
8
4
7
7
responsiveness to order changes
9
5
7
6
5
cost of raw material
7
6
9
2
7
a. which new vendors do you recommend?
b. would your decision change if the criteria were considered equally important?
You are in charge of analyzing five new suppliers of an important raw material and have been given the information shown below (1 = worst, 10 = best). Management has decided that criteria 2 and 3 are equally important and that criteria 1 and 4 are each four times as important as criterion 2. No more than two new suppliers are required but each new vendor must exceed a total score of 70 percent of the maximum total points to be considered.
Rating
PerformanceCriterion
VendorA
VendorB
VendorC
VendorD
VendorE
Quality of rawmaterial
8
7
3
6
9
Environmental impact
3
8
4
7
7
Responsiveness toorder changes
9
5
7
6
5
Cost of raw material
7
6
9
2
7
a. Which new vendors do you recommend?b. Would your decision change if the criteria were considered equally important?
Eagle Electric Repair wants to select a supplier based on total annual cost, consistent quality, and delivery speed. The following table shows the weights management assigned to each criterion (total of 100 points) and the scores assigned to each supplier 1Excellent = 5, Poor = 12. Which supplier should Eagle select given these criteria and scores?
Chapter A Solutions
Operations Management: Processes and Supply Chains, Student Value Edition Plus MyLab Operations Management with Pearson eText -- Access Card Package (12th Edition)
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Ch. A - Tri-County G&T sells 150,000 MWh per year of...Ch. A - The Forsite Company is screening three ideas for...Ch. A - Prob. 13PCh. A - Prob. 14PCh. A - Janice Gould of Krebs Consulting is in the process...Ch. A - Build-Rite Construction has received favorable...Ch. A - Prob. 17PCh. A - Prob. 18PCh. A - Prob. 20PCh. A - Prob. 21PCh. A - Prob. 22PCh. A - Prob. 24P
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