Blaize Manufacturing Company Is Using a Weighted Criteria Evaluation System

question 25

Essay

Blaize Manufacturing Company is using a weighted criteria evaluation system to certify suppliers.
a.Determine the total weighted score for the supplier shown below.
b.Based on the evaluation system and weights used by this firm, what is their purchasing objective?
c.Give an example of a real company that might be using this type of strategy.
d.If Blaize Mfg.classifies their vendors based on the following scores, how well is this supplier doing?
-Unacceptable (less than 50)
-Conditional (between 50 and 70)
-Certified (between 70 and 90)
-Preferred (greater than 90)

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Definitions:

Control

In experiments, the use of standardized procedures to limit the effects of other variables, ensuring that the study measures what it aims to.

Previous Experience

Refers to past events or knowledge that an individual has acquired, which can influence their current behavior and understanding.

Inoculation

A preventive strategy, often in the form of a vaccine, to protect against infectious diseases.

Dental Work

Medical procedures and treatments involving the teeth and gums, including fillings, extractions, cleanings, and orthodontics.