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Use the following to answer the questions below. The Steele Bike Company has completed a total cost analysis for two suppliers of bicycle frames to support their business. They also consider on-time speed, top quality and customization in their selection process. Each criterion is given a weight (total = 100 points), and each supplier is scored on each criterion (1= poor, 10 = excellent). The data are shown in the following table. CRITERION Total Cost On-Time Delivery Top Quality Customization WEIGHT 15 20 30 35 ACME 8 5 7 4 STATE 4 7 6 6 (LO2DM2) Refer to the instruction above. Using the preference matrix approach for selecting suppliers, what is State's total weighted score? O 590 O 23 O 570 O 100
(LO2DM2) Refer to the instruction above. Using the preference matrix approach for selecting suppliers, what is Acme's total weighted score? 24 590 570 100
(LO2DM4) Refer to the instruction above. Using the preference matrix (total weighted score) approach for selecting suppliers, which supplier should Steele select? O Acme O State O Either is acceptable-their preference matrix scores are the same. O More information is needed to make this decision.
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