A Company Is About to Select a Vendor for the Outsourcing

question 12

Essay

A company is about to select a vendor for the outsourcing of all of its engineering, environmental, and CAD requirements. It has identified four criteria critical to the selection. These criteria, and their importance weights, appear below. Three firms, A, C, and E, have indicated that they are interested in this position. The company has scored each of the three candidates on these criteria, using a 1-10 scale, where 10 is best. Candidate A scored 7, 7, 7, and 5, respectively, on the four criteria. Candidate C scored 9, 4, 8, and 6. Candidate E scored 5, 10, 10, and 7. Which vendor has the highest composite score?
$$\begin{array} { | l | l | } \hline \text { Criterion } & \text { Weight } \\\hline \text { Engineering expertise } & 40 \\\hline \text { Financial and managerial strength } & 20 \\\hline \text { Integrity } & 15 \\\hline \text { Staff experience and qualifications } & 25 \\\hline\end{array}$$

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Definitions:

Accelerates Heartbeat

Refers to the increase in heart rate, which can occur due to various factors such as physical activity, emotional stress, or medical conditions.

Inhibits Digestion

Refers to substances or actions that slow down or decrease the efficiency of the body's digestive process.

Endorphin Agonists

Endorphin agonists are substances that can bind to and activate endorphin receptors in the brain, mimicking the effects of endorphins, which are natural pain relievers and pleasure enhancers produced by the body.

Endorphin Antagonists

Substances that block the action of endorphins, natural pain-relieving compounds in the body, affecting pain and stress responses.