The Bennet Company purchases one of its essential raw materials from three suppliers. Bennet's current policy is to dist

[answerhappygod]

The Bennet Company Purchases One Of Its Essential Raw Materials From Three Suppliers Bennet S Current Policy Is To Dist 1 (106.2 KiB) Viewed 15 times

The Bennet Company purchases one of its essential raw materials from three suppliers. Bennet's current policy is to distribute purchases equally among the three suppliers. The owner's son, Benjamin Bennet, just graduated from a business college. He proposes that these suppliers be rated (high numbers mean a good performance) on six performance criteria weighted as shown in the table. A total score hurdle of 0.60 is proposed to screen suppliers. Purchasing policy would be revised to order raw materials from suppliers with performance scores greater than the total score hurdle, in proportion to their performance rating scores. Rating Supplier A Performance Criterion Supplier B Supplier C Weight 0.3 1. Price 0.8 0.4 0.6 2. Quality 0.2 0.8 0.5 0.7 3. Delivery 0.2 0.6 0.8 0.5 4. Production facilities 0.1 0.9 0.5 0.6 0.1 0.8 0.6 0.7 5. Environmental protection 6. Financial position 0.1 0.7 0.8 0.9 Use a preference matrix to calculate the total weighted score for each supplier.