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Research on Risk Quantification of Comprehensive Unit Price Based on Fuzzy Theory

In: Proceedings of 20th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • An-na Dai

    (Tianjin University of Technology)

  • Ling Yan

    (Tianjin University of Technology)

Abstract

The cost of risk of comprehensive unit price of bidding control price is usually determined by the comprehensive risk factors of competent authorities without considering the bidders’ ability to undertake the risks. Comparing three kinds of Risk Quantification models, this paper points out that the comprehensive risk parameter model based on the fuzzy theory is the best way to evaluate the cost of risks. Meanwhile, on the basis of considering the characteristics of a hypothetical illustrative example, this paper provides optimized model by combining risks with the rate of profit, which will improve the veracity of bidding control price.

Suggested Citation

  • An-na Dai & Ling Yan, 2013. "Research on Risk Quantification of Comprehensive Unit Price Based on Fuzzy Theory," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), Proceedings of 20th International Conference on Industrial Engineering and Engineering Management, edition 127, pages 621-630, Springer.
  • Handle: RePEc:spr:sprchp:978-3-642-40072-8_62
    DOI: 10.1007/978-3-642-40072-8_62
    as

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