Question

Lincoln Lights is considering hiring one of three software firms to implement a new IT system. Lincoln management has decided to evaluate the firms on three dim skill level, and price. Weights for each dimension, as well as performance ratings for each of the firms (1-"poor" to 5-"excellent"), are shown in the following table 囲Click the icon to view the performance values for the three software firms. a. The weighted performance score for Altrex is The weighted performance score for TGl Ltd. isi More Info TGI Ltd Dimension Reputation Skill level Price Weight 0.4 0.4 0.2 Altrex PC Associates PrintDone

Answer 1

Solution:

Weighted performance score of Altrex = 0.4*2 + 0.4*3 + 0.2*1 = 2.2

Weighted performance score of TGI Ltd = 0.4*3 + 0.4*4 + 0.2*1 = 3

Weighted performance score of PC associates = 0.4*2 + 0.4*3 + 0.2*3 = 2.6

Weighted performance score of PC associates is the highest of all. Therefore, this should be selected.