Ränga Ramasesh is the operations manager for a firm that is trying to decide which one of four countries it should research for possible outsourcing providers. The first step is to select a country based on cultural risk factors, which are critical to eventual business success with the provider. Ranga has reviewed outsourcing provider directories and found that the four countries in the table below have an ample number of providers from which they can choose. To aid in the country selection step, he has enlisted the aid of a cultural expert, John Wang, who has provided ratings of the various criteria in the table below. The resulting ratings are on a 1 to 10 scale, where 1 is a low risk and 10 is a high risk. Further, John Wang has determined six criteria weightings. Trust, with a weight of 0.40; Quality, with 0.20; Religious, with0.10; Individualism, with 0.10; Time, with 0.10; and Uncertainty, with 0.10. Using the weighted factor-rating method, which country should Ranga select? In the following table, compute the total weighted score for each candidate (enter each response as a decimal rounded to one place). Selection Criterion Trust Society value of quality work Religious attitudes Individualism attitudes Time orientation attitudes Uncertainity avoidance attitude Total Weighted Score: Weight Mexico Panamà Costa Rica 0.40 3 3 0.20 4 3 3 0.10 0.10 0.10 0.10 3 5 4 3 2 6 2 4 4 3 4 7 4 Peru 2 5 5 8 3 2 7 O
Ränga Ramasesh is the operations manager for a firm that is trying to decide which one of four countries it should research for possible outsourcing providers. The first step is to select a country based on cultural risk factors, which are critical to eventual business success with the provider. Ranga has reviewed outsourcing provider directories and found that the four countries in the table below have an ample number of providers from which they can choose. To aid in the country selection step, he has enlisted the aid of a cultural expert, John Wang, who has provided ratings of the various criteria in the table below. The resulting ratings are on a 1 to 10 scale, where 1 is a low risk and 10 is a high risk. Further, John Wang has determined six criteria weightings. Trust, with a weight of 0.40; Quality, with 0.20; Religious, with0.10; Individualism, with 0.10; Time, with 0.10; and Uncertainty, with 0.10. Using the weighted factor-rating method, which country should Ranga select? In the following table, compute the total weighted score for each candidate (enter each response as a decimal rounded to one place). Selection Criterion Trust Society value of quality work Religious attitudes Individualism attitudes Time orientation attitudes Uncertainity avoidance attitude Total Weighted Score: Weight Mexico Panamà Costa Rica 0.40 3 3 0.20 4 3 3 0.10 0.10 0.10 0.10 3 5 4 3 2 6 2 4 4 3 4 7 4 Peru 2 5 5 8 3 2 7 O
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Transcribed Image Text:Ranga Ramasesh is the operations manager for a firm that is trying to decide which one of four countries it should research for possible outsourcing providers. The first step is to select a country based on cultural risk factors, which
are critical to eventual business success with the provider. Ranga has reviewed outsourcing provider directories and found that the four countries in the table below have an ample number of providers from which they can choose. To
aid in the country selection step, he has enlisted the aid of a cultural expert, John Wang, who has provided ratings of the various criteria in the table below.
The resulting ratings are on a 1 to 10 scale, where 1 is a low risk and 10 is a high risk. Further, John Wang has determined six criteria weightings. Trust, with a weight of 0.40; Quality, with 0.20; Religious, with0.10; Individualism, with
0.10; Time, with 0.10; and Uncertainty, with 0.10. Using the weighted factor-rating method, which country should Ranga select?
In the following table, compute the total weighted score for each candidate (enter each response as a decimal rounded to one place).
Selection Criterion
Trust
Society value of quality work
Religious attitudes
Individualism attitudes
Time orientation attitudes
Uncertainity avoidance attitude
Total Weighted Score:
Weight Mexico Panama Costa Rica
0.40
3
0.20
4
0.10
0.10
0.10
0.10
3543
3
33262
43474
3
Peru
255832
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