This Table Contains the Performance Criteria and Scores (Larger Numbers

question 68

Essay

This table contains the performance criteria and scores (larger numbers are better)for four potential suppliers to Satriale's Pork Store. Evaluate the data and identify the BEST source for Satriale's. Consider the two runners-up to the best source and what points of negotiation might lead them to becoming the optimal supplier.
$$\begin{array} { | l | c | c | c | c | } \hline \text { Performance Dimension } & \text { Company T } & \text { Company C } & \text { Company S } & \text { Company P } \\\hline \text { Innovation } ( \mathrm { W } = 0.4 ) & 4 & 4 & 2 & 5 \\\hline \text { Cost } ( \mathrm { W } = 0.3 ) & 4 & 3 & 5 & 2 \\\hline \text { Stability } ( \mathrm { W } = 0.2 ) & 2 & 1 & 4 & 5 \\\hline \text { Speed } ( \mathrm { W } = 0.1 ) & 3 & 5 & 5 & 2 \\\hline\end{array}$$

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Definitions:

Machine Hours

A measure of production time, calculated by totaling the amount of time machines are actively running in the production process.

Labour Hours

The total time worked by employees, typically used as a basis for labor cost allocation or productivity measurement.

Total Revenue Curve

A graphical representation that shows how total revenue changes with variations in the quantity of goods or services sold, illustrating the relationship between price and demand.

Quantity Sold

The total number of units of a product sold within a given time frame.