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.
Using the preference matrix (total weighted score)approach for selecting suppliers,which supplier should Steele select? What is the total weighted score?

Question

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.
  Using the preference matrix (total weighted score)approach for selecting suppliers,which supplier should Steele select? What is the total weighted score?

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The Answer of 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.
  Using the preference matrix (total weighted score)approach for selecting suppliers,which supplier should Steele select? What is the total weighted score?

The Steele Bike Company Has Completed a Total Cost Analysis