Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
12th Edition
ISBN: 9780134741062
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
Question
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Chapter 14, Problem 3P

A

Summary Introduction

Interpretation: Using a preference matrix, the total weighted score for each supplier is to be calculated.

Concept Introduction: Based on the required performance criteria, using the preference matrix, the companies are allowed to choose their best alternative.

B

Summary Introduction

Interpretation: The suppliers that survived the total score hurdle based on the scores they obtained in the score hurdle.

Concept Introduction: Based on the required performance criteria, using the preference matrix, the companies are allowed to choose their best alternative.

C

Summary Introduction

Interpretation: The advantages the company can entertain with the proposed new policy, over the current policy.

Concept Introduction: Based on the required performance criteria, using the preference matrix, the companies are allowed to choose their best alternative supplier.

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k of PDF : https://docdro.id/psUSO2n https://docdro.id/KV8USNQ   question :   1/ According to Weele, the items that we measure determines the role of the purchasing function. List these roles, and show the mapping. 2/ According to Simpson and et.al, why should we measure the performance of our suppliers? 3/ According to Simpson and et. al, what are the characteristics of our suppliers should we measure?   List these down in terms of evaluative criteria and its details.
No written by hand solution The questions below refer to the following SAME paragraph:   Suppose a retailer Mojo, holds safety stock for an item to accommodate a 98% service level with uncertain demand. There are two supply options: Supplier X taking 5 days to deliver replenishments, and Supplier Y taking 3 days to replenish. Both suppliers charge the same price for the item.   Ignoring differences in fixed order costs, the retailer should choose:   Group of answer choices   Supplier X   Option Y only if the critical ratio is less than 0.9   Option X only if the critical ratio is greater than 0.9   Supplier Y
Horizon Cellular manufactures cell phones for exclusive use in its communication network. Management must select a circuit board supplier for a new phone soon to be introduced to the market. The annual requirements (D) are 40,000 units and Horizon's plant operates 250 days per year. The data for three suppliers are in the attached table.   Annual Freight Costs             Shipping Quantity (Q)           Supplier 10,000 20,000 Price/Unit (p) Annual Holding Cost/Unit (H) Lead Time (L) (days) Annual Administrative Cost Material Costs Abbott $11,000 $8,500 $29 $5.80 4 $11,000 $232,000.00 Baker $12,000 $9,500 $31 $6.20 3 $12,000 $1,240,000 Carpenter $9,000 $7,000 $28 $5.60 8 $9,000 $1,120,000 Which supplier and shipping quantity will provide the lowest total cost for Horizon Cellular? Using the supplier [X] and a shipping quantity of [X] units is the lowest cost alternative, with annual total costs to Horizon Cellular of [X]. (Quantity and Annual Total Costs are integer…
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