A Company Is About to Select a Vendor for the Outsourcing

question 7

Essay

A company is about to select a vendor for the outsourcing of all of its waste management needs. It has identified four criteria critical to the selection. These criteria, and their importance weights, appear below. Three vendors and their scores are listed below. Which vendor has the highest composite score?
$$\begin{array} { | l | r | r | r | r | } \hline & \text { Weight } & \text { Vendor 1 } & \text { Vendor 2 } & \text { Vendor 3 } \\\hline \text { Criteria 1 } & 0.32 & 6 & 8 & 5 \\\hline \text { Criteria 2 } & 0.25 & 4 & 1 & 5 \\\hline \text { Criteria 3 } & 0.21 & 7 & 2 & 7 \\\hline \text { Criteria 4 } & 0.22 & 5 & 4 & 4 \\\hline\end{array}$$

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Definitions:

Racial Group

A group of people identified or classified together on the basis of common ancestry, national origin, or distinctive physical traits.

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

Recycling Program

A coordinated effort to collect, process, and repurpose waste materials into new products, reducing the need for raw materials and minimizing environmental impact.

Financial

Relating to money or how money is managed.