A person, business, or organization that sells or provides goods or equipment to customers is a supplier.
A person, company, or other entity that provides goods or services to another entity is a supplier. One example of a supplier is a business that sells PCBAs to OEMs or laptop manufacturers.
Rank of Supplier A = (7*8+5*9+4*5+1*8)/(7+5+4+1) = 56+45+20+8/17 = 129 Rank of Supplier B = (7*9+5*5+4*7+1*4)/17 = 63+25+28+4/17 = 120 Rank of Supplier C = (weight of function*rating+ weight of cost*rating+weight of technical assistance*rating+weight of credit terms*rating
Weight A's ratings B's ratings B's ranking (weight *rating) Function 7 8 9 56 63 Cost 5 9 5 45 25 Technical assistance 4 5 7 20 28 Credit terms 1 8 4 8 4 Total rank 129 120
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Full Question = If suppliers were to be rated on the following basis, what would be the ranking of the two suppliers listed?
Rating of Suppliers Ranking of Suppliers
Factor Weight Supplier A Supplier B Supplier A Supplier B
Function 7 8 9
Cost 5 9 5
Technical Assistance 4 5 7
Credit Terms 1 8 4