Use the following to answer the questions below.
The Steele Bike Company has completed a total cost analysis for two suppliers of bicycle frames to support their business. They also consider on-time speed, top quality and customization in their selection process. Each criterion is given a weight (total = 100 points), and each supplier is scored on each criterion (1 = poor, 10 = excellent). The data are shown in the following table.

-Refer to the instruction above. Using the preference matrix approach for selecting suppliers, what is Acme's total weighted score?
A) 100
B) 570
C) 24
D) 590

Question

Use the following to answer the questions below.
The Steele Bike Company has completed a total cost analysis for two suppliers of bicycle frames to support their business. They also consider on-time speed, top quality and customization in their selection process. Each criterion is given a weight (total = 100 points), and each supplier is scored on each criterion (1 = poor, 10 = excellent). The data are shown in the following table.
 
-Refer to the instruction above. Using the preference matrix approach for selecting suppliers, what is Acme's total weighted score?
A) 100 
B) 570 
C) 24 
D) 590

Quizplus · Accepted Answer

Acme's total weighted score is 570. This is calculated by multiplying the weight of each criterion by the supplier's score for that criterion, and then summing the results.

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