A DYNAMIC PROGRAMMING APPROACH TO BID EVALUATION IN PROCUREMENT,

Abstract

A dynamic programming solution is given for a bid evaluation problem involving n vendors. The model includes set-up costs, multi-level bids, and certain shipping costs. (Author)

Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1964
Accession Number
AD0452673

Entities

People

  • William J. Sacco

Organizations

  • Ballistic Research Laboratory

Tags

DTIC Thesaurus Topics

  • Computer Programming
  • Dynamic Programming
  • Procurement
  • Shipping
  • Test And Evaluation

Fields of Study

  • Mathematics

Readers

  • Government Contracting/Procurement.
  • Operations Research