• 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