Browsing by Subject "Bids"
Now showing items 1-3 of 3
(2010)The purpose of the paper is to perform bid mark-up optimisation through the use of artificial neural networks (ANN) and a metric of the selected bid mark-up's derived entropy. The scope is to provide an alternative, ...
(2004)Recognizing the need for improvements in the way professional architectural and design services are procured, the U.S. Congress in 1972 established as federal law the requirement that architects and engineers be selected ...
The Science in Human Intuition: Optimum Bid Markup Calculations in Competitive Bidding Environments Using Probabilistic Neural Networks (2000)The study presented in this paper seeks the development of a model to be used by the construction industry for optimum bid markup calculations in static and non-static competitive bidding environments. The framework presented ...