Bid markup selection models by use of multiple criteria

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	Bid markup selection models by use of multiple criteria
	Lai, KK ; Liu, SL ; Wang, SY
	2002-05-01
发表期刊	IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT
ISSN	0018-9391
卷号	49 期号:2 页码:155-160
摘要	Multiple attribute decision modeling is proposed for determining the most preferred bid markup in a competitive bidding situation. In this note, a previously proposed model is extended by introducing two new bidding criteria, called the conditional positive profit and the expected positive profit ratios, respectively. Three two-criteria decision models and a single criteria decision models using the newly introduced criteria are proposed to determine the bidder's most preferred markup level. The simple additive weighting method and the weighting product method are used to solve these models. Two numerical examples from are used to illustrate the different rankings that are obtained when different models and solution methods are used. The results demonstrate that the bidder's preference over the set of bidding criteria has a significant effect on the selection of the bid markup.
关键词	bid markup selection competitive bidding multiple criteria decision making
语种	英语
WOS研究方向	Business & Economics ; Engineering
WOS类目	Business ; Engineering, Industrial ; Management
WOS记录号	WOS:000176209000006
出版者	IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
引用统计
文献类型	期刊论文
条目标识符	http://ir.amss.ac.cn/handle/2S8OKBNM/17286
专题	中国科学院数学与系统科学研究院
通讯作者	Lai, KK
作者单位	1.City Univ Hong Kong, Dept Management Sci, Hong Kong, Hong Kong, Peoples R China 2.Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R China 3.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100080, Peoples R China
推荐引用方式 GB/T 7714	Lai, KK,Liu, SL,Wang, SY. Bid markup selection models by use of multiple criteria[J]. IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT,2002,49(2):155-160.
APA	Lai, KK,Liu, SL,&Wang, SY.(2002).Bid markup selection models by use of multiple criteria.IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT,49(2),155-160.
MLA	Lai, KK,et al."Bid markup selection models by use of multiple criteria".IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT 49.2(2002):155-160.