The suitable outsourcing provider for logistics services using factor- rating method. Introduction: Factor-rating method: The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

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Answer 1

Question

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

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paper tape binder memo pads pens depart 1 10 4 3 5 6 depart 2 7 2 2 3 8 depart 3 4 5 1 0 10 depart 4 0 3 4 5 5 supplier 1 supplier 2 paper 2 3 tape 1 1 binder 4 3 memo pads 3 3 pens 1 2 a)Use matrix multiplication to get a matrix showing the comparative costs for each department for the products from the two suppliers. (b) Find the total cost over all departments to buy products from each supplier. From which supplier should the company make the purchase?

From a logistics perspective, examine some of the factors besides those already mentioned in the attachement that might play a role in the committee’s decision.

Fernando Garza's firm wishes to use factor rating to help select an outsourcing provider of logistics services. Part 2 a) With weights from 1 − 5 (5 being the highest) and ratings from 1 − 100 (100 being the highest), use the following table to help Garza make his decision. In the following table, compute the weighted average score for each of the three companies (enter your responses rounded to one decimal place). Criterion Weight (W) Overnight Shipping Worldwide Delivery United Freight Quality 5 86 80 75 Delivery 3 74 90 68 Cost 2 66 81 92 Weighted average score: 78.478.4 83.283.2 76.376.3 Part 3 The best outsource provider is Worldwide DeliveryWorldwide Delivery . Part 4 b) Garza decides to increase the weights for quality, delivery, and cost to 10, 6, and 4,…

Answer 2

Question

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

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Answer 3

Question

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

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Answer 4

Question

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

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Answer 5

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

Answer 6

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

Answer 7

Chapter 2, Problem 10P

a)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.

Answer 8

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

Answer 9

b)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.

Answer 10

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

Answer 11

c)

Summary Introduction

To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.

Introduction:

Factor-rating method:

The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 2 - Prob. 1ED Ch. 2 - Based on the descriptions and analyses in this...Ch. 2 - Prob. 2DQ Ch. 2 - Prob. 3DQ Ch. 2 - Prob. 4DQ Ch. 2 - Prob. 5DQ Ch. 2 - Prob. 6DQ Ch. 2 - Prob. 7DQ Ch. 2 - As a library or Internet assignment, identify the...Ch. 2 - Prob. 9DQ

Solution Summary: The author explains the factor-rating method to determine the suitable outsourcing provider for logistics services. The weighted rating is calculated by multiplying the individual rating with the weight assigned for each criterion.

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