DocumentCode
1507613
Title
Contract award and bidding strategies
Author
Dean, Burton V.
Author_Institution
Division of Organizational Sciences, Case Institute of Technology, Cleveland, Ohio
Issue
2
fYear
1965
fDate
6/1/1965 12:00:00 AM
Firstpage
53
Lastpage
59
Abstract
The R and D contract-award and bidding-decision process is studied from the points of view of both bidders and customers. Competitive bidding models are developed which incorporate such factors as probability of contract award, level of resource utilization, and expected return. Conditions for the existence of and methods for evaluating the probability of contract award are presented. Competitive bidding strategies for the cases of known and unknown numbers of bidders and single and multiproposal situations are investigated.
fLanguage
English
Journal_Title
Engineering Management, IEEE Transactions on
Publisher
ieee
ISSN
0018-9391
Type
jour
DOI
10.1109/TEM.1965.6446445
Filename
6446445
Link To Document