The table below contains a list of four companies that have been rated (on a 1 to 5 scale)on three weighted performance factors.What is the score for Phoenix? $$\begin{array} { | l | l | l | l | l | l | }
\hline \text { Performance Factors } & \text { Weight } & \text { Excelsior } & \text { Phoenix } & \text { Mega } & \text { American } \
\hline \text { Quality } & 0.50 & 4 & 4 & 2 & 4 \
\hline \text { Cost } & 0.40 & 4 & 3 & 5 & 3 \
\hline \text { Speed } & 0.10 & 2 & 2 & 4 & 5 \
\hline
\end{array}$$

Question

The table below contains a list of four companies that have been rated (on a 1 to 5 scale)on three weighted performance factors.What is the score for Phoenix? $$\begin{array} { | l | l | l | l | l | l | } 
\hline \text { Performance Factors } & \text { Weight } & \text { Excelsior } & \text { Phoenix } & \text { Mega } & \text { American } \
\hline \text { Quality } & 0.50 & 4 & 4 & 2 & 4 \
\hline \text { Cost } & 0.40 & 4 & 3 & 5 & 3 \
\hline \text { Speed } & 0.10 & 2 & 2 & 4 & 5 \
\hline
\end{array}$$

Quizplus · Accepted Answer

To find the score for Phoenix, we need to multiply each rating by its corresponding weight, sum these values, and divide by the total weight: $0.5(4)+0.4(3)+0.1(2)=2+1.2+0.2=3.4$. Therefore, the score for Phoenix is 3.4, which corresponds to choice (B).

The Table Below Contains a List of Four Companies That