The Studebaker Company is evaluating two proposals for a commercial software package.Three relevant factors were identified and weighted.Then the evaluation team assigned raw scores from 1 to 5 to each factor for each vendor.Proposal One will cost $70,000 and Proposal Two will cost $65,000.

Determine a composite score and a performance/cost index for both proposals.Which proposal is the more economically feasible choice?

Question

The Studebaker Company is evaluating two proposals for a commercial software package.Three relevant factors were identified and weighted.Then the evaluation team assigned raw scores from 1 to 5 to each factor for each vendor.Proposal One will cost $70,000 and Proposal Two will cost $65,000.
  
Determine a composite score and a performance/cost index for both proposals.Which proposal is the more economically feasible choice?

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The Answer of The Studebaker Company is evaluating two proposals for a commercial software package.Three relevant factors were identified and weighted.Then the evaluation team assigned raw scores from 1 to 5 to each factor for each vendor.Proposal One will cost $70,000 and Proposal Two will cost $65,000.
  
Determine a composite score and a performance/cost index for both proposals.Which proposal is the more economically feasible choice?

The Studebaker Company Is Evaluating Two Proposals for a Commercial