A Company Using a Weighted-Criteria Evaluation System Has Established These

question 45

Multiple Choice

A company using a weighted-criteria evaluation system has established these 3 categories and the appropriate weight in parentheses: Quality(0.30) ,Delivery(0.20) ,Cost(0.50) .
The scores for each category are shown below.Which of the following companies has the highest total score?

• A)Company A: Quality(90),Delivery(80),Cost(60)
• B)Company C: Quality(70),Delivery(80),Cost(80)
• C)Company B: Quality(70),Delivery(90),Cost(80)
• D)All companies scored the same.

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Definitions:

Eurodollar

U.S. dollar-denominated deposits at foreign banks or foreign branches of American banks, used widely in international lending and financing.

LIBOR

The London Interbank Offered Rate, a benchmark interest rate at which major global banks lend to one another.

Money Markets

Financial markets for short-term borrowing and lending, typically dealing with assets that mature in less than one year.

Trillions

A numerical value representing one thousand billion, or 10^12, used in the context of large sums, such as government budgets or the global economy.