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

question 19

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(0.40) ,Cost(0.30) .
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(95),Cost(60)
• C)Company B: Quality(70),Delivery(80),Cost(80)
• D)All companies scored the same.

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Definitions:

Suggested Retail Price

The price that manufacturers recommend retailers to sell their products for to consumers, often seen as MSRP (Manufacturer's Suggested Retail Price).

Cash Discounts

A reduction in the price of goods or services offered to buyers as an incentive for early payment or payment in cash.

Quantity Discounts

Price reductions based on the volume or amount of product purchased, incentivizing bulk buying.

Trade Discounts

A reduction in the listed price of a product or service offered by sellers to buyers engaged in trade or commerce.