Question

In: Operations Management

The Cre8tor™ is in need of an office management software package. After considerable research, the company...

The Cre8tor™ is in need of an office management software package. After considerable research, the company has narrowed its choice to one of three packages: N-able, VersaSuite, and SoftTrack. They have determined the decision-making criteria, assigned a weight to each criterion, and rated how well each alternative satisfies each criterion as follows

Decision Alternatives

Criterion

Weight

N-Able

VersaSuite

SoftTrack

Ease of use

4

5

7

6

Report generation

3

7

5

4

Functional integration

5

8

6

5

On-line help

3

6

4

8

Entry error-checking

2

3

4

8

Price

4

7

6

8

Support cost

3

5

8

3

            Using a scoring model, determine the recommended software package for The Cre8tor™.

Solutions

Expert Solution

Weighted Score Method or Scoring method:

Using given data weighted score method is used to compare the alternatives. Calculate the weighted score for each factor, by multiplying factor weight (Wi) with rating (Rij) of factor. Then, for each alternative, find the sum of product (Wi × Rij) calculated for each factor and select the alternative having the highest total score.

N-able

Versasuite

Softrack

Selection Criterion

Weight (Wi)

Rating (Rij)

Weighted rating (Wi x Rij)

Rating

Weighted rating

Rating

Weighted rating

Ease of use

4

5

4*5

= 20

7

28

6

24

report generation

3

7

21

5

15

4

12

functional integration

5

8

40

6

5*6

= 30

5

25

on-line help

3

6

18

4

12

8

24

entry error-checking

2

3

6

4

8

8

2*8

= 16

price

4

7

28

6

24

8

32

support cost

3

5

15

8

24

3

9

Total Weighted Score

148

141

142

The highest weighted score is for N-able, thus The Cre8tor™ should select N-able software.


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