[tagged]
You are the program manager for your company and evaluating the sellers to determine the seller to buy from. In your analysis you’ve created a histogram to display the pros and cons for each seller. You’ve created five categories of interest and assigned values to each category for each vendor. Your five categories are:
* Cost
* Schedule
* Experience
* Certification
* Warranty
Each category has a different point value and the vendor that receives the maximum points in total will win the contract. What type of seller evaluation are you performing?
A.
Monte Carlo simulation
B.
Expert judgment
C.
Weighted scoring model
D.
Benchmarking