Given the table of data listed below for a Weighted-Point Evaluation system, what is the overall performance rating for Supplier E? Weighted Point Evaluation System where: Scorex Y=1 A. 2.07 Perfomancexy = rated performance of supplier X with regard to performance dimension Y. Wy = assigned weight for performance dimension Y, where Wy = 1 Y=1 Performance Dimension Safety Sustainability Quality Delivery Performancexy X Wy Cost B.2.34 C. 0.64 X = supplier X Y = performance dimension Y Weights 0.07 0.15 0.53 0.10 0.15 Supplier Supplier A B 5 1 4 2 1 2 5 5 5 2 Supplier с 5 2 3 5 1 Supplier D 5 4 3 3 5 Supplier E 3 4 1 4 4

Given the table of data listed below for a Weighted-Point Evaluation system, what is the overall performance rating for Supplier E? Weighted Point Evaluation System where: Scorex Y=1 A. 2.07 Perfomancexy = rated performance of supplier X with regard to performance dimension Y. Wy = assigned weight for performance dimension Y, where Wy = 1 Y=1 Performance Dimension Safety Sustainability Quality Delivery Performancexy X Wy Cost B.2.34 C. 0.64 X = supplier X Y = performance dimension Y Weights 0.07 0.15 0.53 0.10 0.15 Supplier Supplier A B 5 1 4 2 1 2 5 5 5 2 Supplier с 5 2 3 5 1 Supplier D 5 4 3 3 5 Supplier E 3 4 1 4 4

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

If Pick N Pay wants to establish itself as a leader in fresh goods, it needs to consider supplier performance metrics and analyse its suppliers accordingly. You are hired in the tomato sourcing team and are asked to discuss the evaluation of suppliers based primarily on QUALITY. Discuss what the quality metric entails discuss how it would be relevant to the context of your role at Pick N Pay’s tomato-sourcingteamprovide a referenced example of a supermarket evaluating its suppliers using supplier performance metrics.
2) UCP business school is planning to organize a research conference on 20th December, 2021. You have been assigned a task to select a supplier for catering services. a) How will you get information about potential sources of supply? b) What will be your supplier selection criteria and why? c) What steps will you take to ensure supply continuity and service quality?
DHL key factors in managing supplier relationship: a. Key to successful partnership b. Supplier Evaluation & Certification c. Supplier Development d. Supplier Recognition Programs e. Supplier Relationship Management
Why is it important to discuss promptly the results of a supplier visit or survey withthe supplier? If a supplier has a weak area, under what conditions would supplierdevelopment be appropriate?
In the context of a buying process, which of the following statements is true of satisficers Question 28 options: a) They select the best supplier who satisfies their product and delivery requirements b) They study numerous proposals carefully before selecting one. c) They contact new and unfamiliar suppliers when they need to purchase a product d) They contact familiar suppliers and place orders with the first one that fulfills their requirements
exxxplain the role of supplier performance metrics in supplier management.
demand or its quality standards. The discovery of the faulty parts caused delays and other impacts on Apple's other suppliers as well POM Apple Deals with Supply Chain Strain and Faulty Parts as its customers. Apple reportedly threw out all of the defective Watches to avoid having to recall them. When Apple (www.apple.com) introduced the Apple Watch in April 2015, industry analysts had a hard time predicting how consum- ers would react. Their estimates ranged from 5 million to 40 million Watches sold in 2015. This huge range in a market forecast creates havoc in planning for a supply chain. In fact, industry experts call it supply chain strain. So, how did Apple's supply chain gear up for such a high de- gree of sales uncertainty? First, the firm allowed a certain number of Apple Watch preorders. Based on those preorders, Apple could estimate the potential market demand and alter production ac- Apple then handed over production of the taptic engine to another partner, Nidec Corporation…
How should the business be developed in the future? Be specific and consider changes related to your supplier, the monogramming subcontractor, target customers, and products.
the actions that the buyer could take to balance technical award criteria when selecting suppliers.
If Pick N Pay wants to establish itself as a leader in fresh goods, it needs to consider supplier performance metrics and analyse its suppliers accordingly. You are hired in the tomato sourcing team and are asked to discuss the evaluation of suppliers based primarily on QUALITY.1. Discuss what the quality metric entails.2. Thereafter discuss how it would be relevant to the context of your role at Pick N Pay’s tomato sourcingteam.3. Lastly, provide a referenced example of a supermarket evaluating its suppliers using supplierperformance metrics.(This portion of the question may be answered in relation to supplier performance metrics as a whole, not just“quality” as a supplier performance metric)
1600 words Choose the supply chain of a company of your choice and make observations and recommendations on the following. The company’s products/services and its supply chain. Benefits of managing the supply chain effectively for the company. Some of the supplier development practices followed by the company. Sustainable supply chain initiatives if any. Challenges in supply chain management at the time of economic crisis. You may use figures, charts etc. where necessary to further elaborate the content.
why are Certified suppliers necessary to ensure that suppliers havea good quality system in place for the ongoing production of products or services?