Weighted-Point Evaluation System – for supplier selection The instant Noodle com
ID: 396645 • Letter: W
Question
Weighted-Point Evaluation System – for supplier selection
The instant Noodle company want to make selection of chicken flavour’s supplier from 3 different companies , their offer price and performance as follow :
Yummy F&F
Great F&F
Best F&F
Price
$ 25
$18
$ 20
Quality
2% defect
No defect
5% defect
Delivery
95% on time
97% on time
91% on time
Term of payment
45 days
30 days
30 days
Criteria Weights Quality 40% Price 30% Delivery 20% TOP 10%
Scoring Scheme 5 = excellent 4 = good 3 = average 2 = fair 1 = poor
Questions:
a. Provide Scoring scheme provided based on 3 supplier performance?
b. Calculate Total Scores for Suppliers selection?
c. Which company to be a winner as chicken flavor supplier ?
Yummy F&F
Great F&F
Best F&F
Price
$ 25
$18
$ 20
Quality
2% defect
No defect
5% defect
Delivery
95% on time
97% on time
91% on time
Term of payment
45 days
30 days
30 days
Explanation / Answer
Based on the criteria, the scores
Yummy F&F = 2x0.3+4x0.4+3x0.2+3x0.1 =3.1
Great F&F = 4x0.3+5x0.4+3x0.2+4x0.1 = 4.2
Best F&F = 4x0.3+2x0.4+2x0.2+4x0.1 = 2.8
Great F&F is the winner of contract with 4.2 points.
Scoring schemes /Point 1 2 3 4 5 Price Above 30 26-30 21-25 15-20 Below 15 Quality Above 5 4-5% 3-3.99% 1-2.99% No defect Delivery Below 95% 90-94% 95-97% 98-99% On time Terms of payment Above 60 days 46-60 days 31-45days 16-30 days 0-15 daysRelated Questions
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