Determining the Minimum Bid Price for Projects Involving Analysis from Multiple Locations
This paper presents a mathematical model and a solution methodology for determining the minimum fee, the best project duration time, and the optimal number of analysts for projects that involve travel to multiple sites or subcontracts with analysts from geographically dispersed locations. Computational experiments with the solution algorithm on twenty-seven randomly generated projects show that (a) the solution methodology efficiently provides an optimal solution, and (b) it provides decisionmakers with alternative next best plans through ex post sensitivity analysis.
Volume (Year): 8 (1993)
Issue (Month): 2 ()
|Contact details of provider:|| Postal: |
Web page: http://www.aresnet.org/
|Order Information:|| Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323|
Web: http://pages.jh.edu/jrer/about/get.htm Email:
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Welling, Priscilla, 1977. "A goal programming model for human resource accounting in a CPA firm," Accounting, Organizations and Society, Elsevier, vol. 2(4), pages 307-316, October.
- Price, WL & Martel, A & Lewis, KA, 1980. "A review of mathematical models in human resource planning," Omega, Elsevier, vol. 8(6), pages 639-645.
When requesting a correction, please mention this item's handle: RePEc:jre:issued:v:8:n:2:1993:p:265-278. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (JRER Graduate Assistant/Webmaster)
If references are entirely missing, you can add them using this form.