Factor-rating method

Assignment Help Operation Management
Reference no: EM131352147

Rao Technologies, a California-based high-tech manufacturer, is considering outsourcing some of its electronics production. Four firms have responded to its request for bids, and CEO Mohan Rao has started to perform an analysis on the scores his OM team has entered in the table below.

 

 

RATINGS OF OUTSOPURCE PROVIDERS

FACTOR

WEIGHT

A

B

C

D

Labor

W

5

4

3

5

Quality procedures

30

2

3

5

1

Logistics system

5

3

4

3

5

Price

25

5

3

4

4

Trustworthiness

5

3

2

3

5

Technology in place

15

2

5

4

4

Management team

15

5

4

2

1

Weights are on a scale from 1 through 30, and the outsourcing provider scores are on a scale of 1 through 5. The weight for the labor factor is shown as a w because Rao's OM team cannot agree on a value for this weight. For what range of values of w, if any, is company C a recommended outsourcing provider, according to the factor-rating method?

Reference no: EM131352147

Questions Cloud

How many different ways can they be arranged : If the cars must be connected according to their final destinations, how many different ways can they be arranged?
Discuss what the 5/20 rule is according to the food label : Discuss what the 5/20 rule is according to the Food Label and You video. Include an example of a food label from your own pantry, clearly stating how the rule applies to specific nutrients on the food label.Outline how the 5/20 rule would be appl..
What role government policy play in doctor-patient decisions : After reading Martha Mendoza's "Between a Woman and her Doctor," respond to the following question: What role should government policy play in doctor-patient decisions?
Largest manufacturer of motorized scooters in japan : Tonia Motorbikes is the third largest manufacturer of motorized scooters in Japan. The company sells its product, a 125cc vehicle in Japan, Taiwan, Korea, Vietnam, and other Asian markets.
Factor-rating method : The weight for the labor factor is shown as a w because Rao's OM team cannot agree on a value for this weight. For what range of values of w, if any, is company C a recommended outsourcing provider, according to the factor-rating method
Edit the story and the punctuation of the story : Edit the story, punctuation, grammar,switch between past and present verbs, etc.- The topic of the story is : "What We Lost Along the Way".
How many different security codes are possible : Suppose the homeowner does not want to use 0 as one of the digits and wants only two of the digits to be odd. How many codes can be formed if the digits can be repeated? If no repetitions are allowed, how many codes are available?
Develop a code of conduct for an organization : The assignment requires you to assume the role of a manager and develop a Code of Conduct for an organization of your Choice. This Organization may be a company you worked for in the past, or even the institution to which you are studying. In deve..
How many different fruit salads can you make : If you make a fruit salad using 5 different fruits and you have 14 different varieties from which to choose, how many different fruit salads can you make?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd