Describe the factor-weighting technique

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Reference no: EM131229858

Selecting the best suppliers from all of those available in the global market is a huge task. Selecting a poor performer can be devastating to the bottom line profitability.

QUESTION:

Describe the factor-weighting technique that can be used to simultaneously consider multiple supplier criteria.

Please name, describe, and compare one other method of multiple criteria decision analysis.

Reference no: EM131229858

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