Asked by
ISSL I Pasanaa
on Oct 31, 2024Verified
A grocery store is trying to find a new vendor for carrots. Its three criteria are 1. Freshness, 2. Lot Size, and 3. Cost with factor weights of .6, .1, and .3 respectively. What would a vendor with ratings of 6, 8, and 10 in the three respective categories score as a weighted total?
A) 24
B) 1
C) 7.4
D) 9.8
E) none of the above
Weighted Total
A calculated total in which different components are given different levels of importance or weight, often used in assessments or decision-making processes.
Lot Size
Refers to the set quantity of items that are processed, ordered, or produced together at a time.
Categories Score
refers to the rating or evaluation assigned to various categories within a framework, often used to assess performance or quality.
- Describe the components and management of supply chains.
Verified Answer
DD
Learning Objectives
- Describe the components and management of supply chains.