Directions:
Please print your name on this page of the exam, and put your initials on each page in case I need to reassemble your test (ie – the staple fails). Second, record this exam version on the Scantron sheet in the block title, “Marking Instructions.”
This exam consists of 19 questions; you should answer all 19 of them. The value of each of the 15 multiple choice question is 6 points for a total of 90 and the value of each short answer question is printed after the question. The ‘grade book value’ of the test is 150 points.
For all multiple choice questions, answer the questions by circling the letter corresponding to the one, most appropriate response for the question, and then blacken the space for that letter on the computer graded answer sheet --- be sure to use a pencil, not a pen. If there is any discrepancy between the Scantron sheet and what you may have written on the exam, only the Scantron result will be accepted, unless there is a major problem, like being one row out of alignment.
For all short answer questions, CLEARLY AND CONCISELY write your answer to the questions in the space provided below each question. Show all your work and explain your answers. I won’t give any partial credit if you have not shown work and/or explained your answers.
For assistance, you may use both sides of an 8 1/2" by 11" sheet of paper with notes, formulas, etc, and a calculator. When you are finished, turn in your (1) EXAM and (2) your answer bubble sheet and (3) NOTES to the proctor.
DO YOUR OWN WORK (this is not a team exercise!)
and
! ! ! GOOD LUCK ! ! !
Question 1 (Objective 4c) - A company using a weighted-criteria evaluation system has established these 3 categories and the appropriate weight in parentheses: Quality(0.40), Delivery(0.10), Cost(0.50). The scores for each category are shown below. Based on this, which company appears to be your top supplier?
a) Company A: