Advanced Manufacturing Company is evaluating two suppliers for a component sourcing. After much internal discussion, AMC's management has determined that the critical factors in choosing suppliers are: quality, delivery, price, and service. Further, management has rated the importance of these factors as 0.4, 0.3, 0.2, and 0.1, respectively. On a scale of 1 to 5, Supplier A is rated at 5, 3, 3, and 3, respectively. Supplier B's ratings are 4, 4, 3, and 4. Which supplier has the better-weighted score?
A. Supplier A
B. Supplier B
C. Neither, they both have the same weighted score.
C. Neither, they both have the same weighted score.
Explanation:
Supplier A's score = .4(5) + .3(3) + .2(3) + .1(3) = 3.8.
Supplier B's score = .4(4) + .3(4) + .2(3) + .1(4) = 3.8
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