d. Assuming the weighting scheme described in part c, which janitorial service supplier does linear averaging suggest?
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?Main Street Cinema invited three firms to bid on its daily janitorial services contract, and then scored those bids (also known as ´tenders’) based on quality, reliability/risk and price (using a 100 point scale in each case). The results are listed here: Tender Offer from... Quality Score Reliability/ Risk Price Score Score Dawson Commercial 70 65 85 Cleaning Services Fulton Maintenance 80 85 50 and Facilities Service 70 80 SteadyBrite Contract Cleaning 80 If Main Street Cinema were to use linear averaging to then choose a supplier for its janitorial services contract, who would it choose if it felt that quality, reliability/risk and price were all equally important aspects of the contract? O A. Dawson Commercial Cleaning Services O B. SteadyBrite Contract Cleaning O C. Dawson Commercial Cleaning Services and Fulton Maintenance and Facilities Service O D. Fulton Maintenance and Facilities Service and SteadyBrite Contract Cleaning E. Fulton Maintenance and Facilities Service
- Main Street Cinema invited three firms to bid on its daily janitorial services contract, and then scored those bids (also known as 'tenders') based on quality, reliability/risk and price (using a 100 point scale in each case). The results are listed here: Tender Offer from... Quality Score Reliability/ Risk Price Score Score Dawson Commercial 80 80 90 Cleaning Services Fulton Maintenance 90 70 100 and Facilities Service SteadyBrite Contract 85 85 85 Cleaning Assume that quality and price are equally important to Main Street Cinema. However, the issue of reliability/risk is twice as important to Main Street Cinema then either quality or price. Which janitorial service supplier does linear averaging suggest? O A. Dawson Commercial Cleaning Services and Dawson Commercial Cleaning Services O B. Dawson Commercial Cleaning Services C. Dawson Commercial Cleaning Services O D. SteadyBrite Contract Cleaning E. Fulton Maintenance and Facilities Service and SteadyBrite Contract Cleaning2. Come up with a decision using each of the different criteria under conditions of uncertainty using the table below. The payoff values are expressed as LOSSES and alpha = 0.5 State of Nature (Production Rate) Alternatives Very Low Low Moderate High Machine Brand A Machine Brand B Machine Brand C Machine Brand D Machine Brand E 163 125 -87 -19 58 128 -90 -59 36 40 185 -21 13 -56 -71 106 11 48 -55 107 Machine Brand F -98 -94 -24 Machine Brand G -33 176 165 16Tucson Machinery, Incorporated, manufactures numerically controlled machines, which sell for an average price of $0.5 million each. Sales for these NCMs for the past two years were as follows: Use Exhibit 3.10. QUARTER LAST YEAR QUANTITY (UNITS) QUARTER THIS YEAR QUANTITY (UNITS) 1 12 1 16 2 18 2 24 3 26 3 28 4 16 4 18 Find a line using regression in Excel. Note: Round your answers to 3 decimal places. Find the trend and seasonal indexes. Note: Round your answers to 3 decimal places. Forecast sales for next year. Note: Round your answers to 2 decimal places.
- "Home loan clients taking strain as average instalment rockets by 38% in a year, says Absa". Accreditation 07 May 2023 By Londiwe Buthelezi News 24 Based on the above headline, explain factors that would need to be considered in evaluating applications for Real Estate Loans / Home Loans.Theme parks are considered a staple family attraction worldwide, known best for their rides and rollercoasters that appeal to thrill-seeking children and adults alike. Its success and profitability are maintained by installing more daring rides and appealing to popular cultural figures and franchises. However, due to the nature of theme park rides, the results can be incredibly serious when something goes wrong, and the stakes for theme park managers in ensuring the safety of their facilities. are very high. Over the years, failure to comply with health and safety regulations, poor management systems, and mechanical defects have led to unfortunate incidents on various rides and rollercoasters, resulting in serious consequences. In 2005, an incident on the Smiler ride at Alton Towers caused by the failure of a test carriage that collided with a carriage carrying 16 people led to serious injuries, prosecution, and a £5million fine to the operating company, Merlin Attractions Operations…Propose an initial risk register (Table form with 7 risks) Barbados GIS – The United Nations Food and Agriculture Organization (FAO) has collaborated with the Ministry of Maritime Affairs and the Blue Economy, and local business Adams Aquafarms, on a project to train persons in aquaponics. Aquaponics is a sustainable way of integrating land-based fish farming with plant production. Both are placed in a tank, and the set up allows for them to coexist, with the waste produced by the fish fertilizing the plants, while the plants purify the water for the fish. The training, funded by the FAO, will take place at a demonstration facility, located at Adams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneurs and 10 teachers. Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the project will be “transformative”, as it has the potential to empower Barbadians. “In aquaponics, you have the opportunity to have, at the same time, multiple sources…
- Powell Motors, an automobile manufacturing company, is interested in purchasing new air filters for its automobiles. The company's buying team has narrowed the alternatives to products proposed by five suppliers-supplier 1, supplier 2, and supplier 3, supplier 4, and supplier 5. To select a supplier, the team is considering two characteristics-reliability and durability. The purchase decision lies on the performance score and the importance weight of each characteristic. The performance scores for reliability of supplier 1, supplier 2, supplier 3, supplier 4, and supplier 5 are 10, 9, 8, 6, and 7. respectively. The performance scores for durability of supplier 1, supplier 2, supplier 3, supplier 4, and supplier 5 are 5, 7, 8, 8, and 6, respectively. The buying team assigns reliability an importance weight of 9 against a score of 8 for durability. According to the multiattribute model of evaluation, the buying team of Powell Motors is most likely to select O supplier 2 O supplier 1 O…The Lloyd’s Register Group (LRG) provides independent assurance for quality to companies operating high-risk, capital-intensive assets in the energy and transportation sectors, to enhance the safety of life,property, and the environment. This helps its clients to create safe, responsible, and sustainable supplychains. Safety has been at the heart of LRG’s work since 1760 and the company invests time, money, andresources to fulfill Lloyd’s Register’s mission: to protect life, property, advance transportation,engineering education, and research. LRG helps ensure a safer world through their broad knowledge, deep experience, and close relationships. LRG is also one of the world leaders in assessing business processes and products to internationally recognized standards. The standards are either those of major independent bodies or ones that LRG haveDeveloped themselves. From process design to in-service operations and decommissioning, LRG aims to deliver complete lifecycle and risk…Case Study - The Priceline Group and Expedia Inc. Since the late 1990s, travel distribution has seen a considerable shift from offline to online channels. Many entrepreneurs who were quick to recognise the potential of new technologies have since become major travel intermediaries. Priceline.com was originally set up in 1997 as a travel auction site where consumers offered a price and traders chose whether or not to accept it. In 1999 the company was offered for public sale and valued at US$12.9 billion. Since 2004, The Priceline Group has acquired several online travel retail sites: Booking.com (2005), agoda.com (2007), TravelJigsaw (now rentalcars.com; 2010), KAYAK (2013), OpenTable (2014), Rocketmiles (2015). In addition it acquired reservation- management technology companies that provide revenue and marketing solutions to hotels or restaurants that sell via Booking.com or OpenTable: PriceMatch and AS Digital (2015). The Priceline Group operates six brands, employs 18,500 staff and…