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.

-Refer to the instruction above. Using the preference matrix approach for selecting suppliers, what is State's total weighted score?
A) 570
B) 100
C) 23
D) 590

Question

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.
 
-Refer to the instruction above. Using the preference matrix approach for selecting suppliers, what is State's total weighted score?
A) 570 
B) 100 
C) 23 
D) 590

Quizplus · Accepted Answer

The total weighted score for State using the preference matrix approach is calculated by multiplying each criterion's weight by State's score on that criterion and then summing these products. Without the specific scores and weights, we can't perform the calculation here, but the correct answer is provided as 590.

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