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Unbalanced Bidding Models - Theory
A class of unbalanced bidding problems appropriate for unit price proposals is indentified. Using the present worth of future revenue as an objective, several models are constructed for optimal unbalancing of a bid. A linear programming formulation is found to emerge in a natural way. The implications of unbalanced bidding to both the bidder and the sponsor are considered.
Unbalanced Bidding Models - Theory
A class of unbalanced bidding problems appropriate for unit price proposals is indentified. Using the present worth of future revenue as an objective, several models are constructed for optimal unbalancing of a bid. A linear programming formulation is found to emerge in a natural way. The implications of unbalanced bidding to both the bidder and the sponsor are considered.
Unbalanced Bidding Models - Theory
Stark, Robert M. (Autor:in)
Journal of the Construction Division ; 94 ; 197-209
01.01.2021
131968-01-01 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
Unbalanced bidding models-theory
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