Professional Documents
Culture Documents
Criteria Weight <--- Assign weights to each criterion to reflect its relative importance
Quality 35%
Price 30%
Delivery 20%
Service 10%
Relationship 5%
Total 100% <--- Individual weights should be such that this total is 100%
Quality Number of acceptable lots from vendor divided by total number of lots from ven
Price Lowest quoted price of all vendors divided by price of the vendor for whom the r
Delivery Number of ontime deliveries from vendor divided by total number of deliveries b
Service Number of "satisfactory" service visits divided by total number of service visits
10% 5% Aggregate
rating
Weighted Weighted
Rating rating Rating rating
1.00 0.100 0.85 0.043 0.885
1.00 0.100 0.90 0.045 0.889
0.67 0.067 0.95 0.048 0.854
0.80 0.080 0.80 0.040 0.835