What is the score for given products

Reference no: EM131869845

Question: An electronic company is deciding on which of the two new products should be put in production. It has identified three factors it considers most important and has decided to use Factor Rating to evaluate the two products based on a five-point scale, with 1 being poor and 5 excellent. The weights assigned to each factor are shown below in the table, as well as the factor score. What's the score for product 1?

Factor	Factor Weight	Product 1 Factor Score	Product 2 Factor Score
Cost	27	5	7
Price	48	2	4
Demand	25	7	8

Reference no: EM131869845

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