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The Michelle Equipment Company is in the process of ranking its suppliers for one of...

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Accounting

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The Michelle Equipment Company is in the process of ranking its suppliers for one of its key components. To assist in the evaluation process, the information on the three suppliers is shown in the table below. Score Gamecocks Performance Criteria Weight Toros Buckeyes Price Payment terms Quality Delivery Suggestions for quality improvement Reputation Sustainability Total score 0.10 0.20 0.10 0.10 0.20 85 90 95 95 85 Sun Devils 95 80 80 90 90 90 95 85 90 90 90 85 90 85 95 0.20 0.10 1.00 85 90 90 80 90 85 85 90 Each performance category is scored on a scale from 0 (unsatisfactory) to 100 (excellent) and assigned a weight based on its relative importance. Suppliers are considered preferred if they score between 90 and 100. Preferred suppliers are those that Michelle Equipment will work with on new product development, approve for new business, and assist in maintaining a competitive position. An "acceptable" supplier rating is between 70 and 89. In this category, the supplier is required to provide a plan to Michelle Equipment on how to achieve preferred status. A score of 0 to 69 means that the supplier has a developmental supplier rating. How would you evaluate each of the suppliers? Which supplier would you pick? a

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