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Donna, Kay, or neither.
weighted score=_____
As purchasing agent for Woolsey Enterprises in Golden, Colorado, you ask your buyer to provide you with a ranking of “excellent” (worth 4 points), good”, “fair”, or “poor for a variety of characteristics for two potential vendors, Donna Inc. (D) and Kay Corp. (K) You suggest that “Products” total be weighted 0 and the “Service” and “Sales weighted 0.2. The buyer has returned the following ranking. Which of the two vendors would you select? You should choose vendor, with a weighted score of. (Enter your response rounded to one decimal place.)
Expert Answer
The weighted score calculations are based on the following vendor rating.
In the above rating matrix, evaluation is qualitative. Therefore, we need to convert this into quantitative rating matrix by assinging each score a quantitative value. The resulting quantitative rating matrix is as follows
Weighted score of Donna Inc. (D) = 12*0.2 + 8*0.2 + 8*0.4 + 5*0.2 = 8.2
Weighted score of Kay Corp. (K) = 18*0.2 + 9*0.2 + 8*0.4 + 6*0.2 = 9.8
Weighted score of Kay Corp. is higher. Therefore Kay Corp should be selected.
Choose vendor Kay Corp. with a weighted score of 9.8
