Formulas for Choosing the Most Economically Advantageous Tender - a Comparative Study (Part 1)

dc.rights.license	CC-BY-NC-ND
dc.contributor.advisor	Balder, Prof. dr. E.J.
dc.contributor.author	Stilger, P.S.
dc.date.accessioned	2012-03-27T17:00:54Z
dc.date.available	2012-03-27
dc.date.available	2012-03-27T17:00:54Z
dc.date.issued	2012
dc.identifier.uri	https://studenttheses.uu.nl/handle/20.500.12932/10229
dc.description.abstract	Choosing a supplier is a significant part of any procurement process. Usually, if the award criteria is not only price, it involves an evalua- tion of bids and ranking them by their score. The score is calculated according to a formula that takes as an input price, quality and their respective weights. The main objective of this research is to review and compare different formulas used in the procurement process. I study both relative and absolute formulas with particular emphasis on strengths and weaknesses of these 2 approaches.
dc.description.sponsorship	Utrecht University
dc.format.extent	1526687 bytes
dc.format.mimetype	application/pdf
dc.language.iso	en
dc.title	Formulas for Choosing the Most Economically Advantageous Tender - a Comparative Study (Part 1)
dc.type.content	Master Thesis
dc.rights.accessrights	Open Access
dc.subject.courseuu	Mathematical Sciences