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Advanced Manufacturing Company is evaluating two suppliers for a component sourcing.After much internal discussion,AMC's management has determined that the critical factors in choosing suppliers are: quality,delivery,price,and service.Further,management has rated the importance of these factors as 0.4,0.3,0.2,and 0.1,respectively.On a scale of 1 to 5,Supplier A is rated at 5,3,3,and 3,respectively.Supplier B's ratings are 4,4,3,and 4.Which supplier has the better-weighted score?
Principle
A fundamental truth or proposition that serves as the foundation for a system of belief or behavior.
Reaction Time
The amount of time required to respond to a stimulus.
Cognitive Flexibility
The mental ability to switch between thinking about two different concepts, or to think about multiple concepts simultaneously.
Bilingual Children
Children who have the ability to understand and use two languages, which can influence cognitive development and cultural identity.
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