Decision support for bid evaluation

Mustafa, Mohammad; Ryan, Terrance C

doi:10.1016/0263-7863(90)90031-6

Cited by 40 publications

(18 citation statements)

References 3 publications

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“…At the level of each criterion, a bid evaluation model can be built following one of three paths: bids can be directly rated, or compared to one another (Dyer and Lorber 1982, Belton 1985, Mustafa and Ryan 1990, Bana e Costa et al 2002; bids can be compared indirectly through a value or utility function (Ewing, Jr. et al 2006, Pongpeng andListon 2003) previously constructed upon a defined attribute. Finally, bids can be compared through a hybrid of the aforementioned approaches, e.g., the bids might be compared directly on some quality criteria and indirectly on other criteria such as cost or deadline through previously assessed value functions.…”

Section: Selecting An Approach To Build Reusable Bid Evaluation Modelsmentioning

confidence: 99%

Development of Reusable Bid Evaluation Models for the Portuguese Electric Transmission Company

et al. 2008

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B id evaluation is the process of selecting a contractor from a number of bidders. The decision analysis models currently in use at the Portuguese Electric Transmission Company (REN) to evaluate bids were developed through a decision-conferencing process supported by the MACBETH multicriteria approach and software. This paper presents the various components of this interactive sociotechnical process. Given the number of contracts awarded by REN each year, it was crucial that the models be reusable in similar calls for tenders; this required substantial care in structuring the criteria, with a focus on constructed scales, and building value function models based on qualitative pairwise comparison judgments of difference in attractiveness. Also of particular interest is the approach for weighing benefits against costs.

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Section: Selecting An Approach To Build Reusable Bid Evaluation Modelsmentioning

confidence: 99%

Development of Reusable Bid Evaluation Models for the Portuguese Electric Transmission Company

et al. 2008

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“…λ max (A): Largest eigenvalue. The CR should be under 0,1 for a reliable result otherwise, the importance coefficient (1-9) has to be set again and CR recalculated (16). The RI is determined for different size matrixes, and its value is 1,32 for an 7x6 matrix.…”

Section: Analytic Hierarchy Process (Ahp)mentioning

confidence: 99%

“…Its purpose is to quantify the strength of linear relationship between two variables. If there are no repeated data values, a perfect Spearman correlation of +1 or −1 occurs when each of the variables is a perfect monotone function of the other [16]. The Spearman's rank correlation is computed by equation (38).…”

Section: Spearman's Rank Correlation Coefficientmentioning

confidence: 99%

Uso De Métodos Multicriterio De Toma De Decisiones Para La Selección De Biomasa en Reactores Fischer Tropsch

Gómez

2016

ings

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<p>La elección adecuada de un combustible es una tarea importante para cumplir con los requisitos de un biorreactor. El número de combustible de biomasa con diferentes propiedades disponibles para proporcionar a un biorreactor es enorme. Sin embargo, la aplicación de aproximaciones matemáticas eficientes y sistemáticas puede lograr la evaluación. El uso de métodos multicriterio de toma de decisiones (MCDM) que consideran propiedades características y criterios cualitativos para asignar importancia a cada alternativa tiene el fin de seleccionar la mejor opción. Esta investigación se basa en el uso MCDM para la selección del combustible para un reactor de Fischer Tropsch.</p><p>Los métodos MCDM implementados son la evaluación proporcional compleja de alternativas con las relaciones grises (COPRAS-G), análisis operativo de calificación y competitividad (OCRA), una evaluación de relación de aditivos (ARAS), técnica para el orden de preferencia por similitud con solución ideal (TOPSIS). La ponderación de los criterios se realizó por el proceso analítico jerárquico (AHP) y el método de entropía. Los resultados muestran que el arroz blanco es la mejor opción para un combustible de biomasa para los cinco MCMD.</p>

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“…Chandra and Schall (1988) utilised AHP for economic evaluation of flexible manufacturing systems using the Leontif input-output model. Mustafa and Ryan (1990) used AHP as a decision support system for bid evaluation. Anders and Mueller (1995) utilised it in the design of a long-term field experiment at the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT).…”

Section: Decision Making and Analysis Using The Analytic Hierarchy Prmentioning

confidence: 99%

Multicriteria decision making in electricity demand management: the case of Kuwait

Hajeeh

2010

IJSOM

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Electricity demand in Kuwait has substantially increased over the years and this increase is attributed to population growth, increase in the number of buildings, and the extensive use of air-conditioning system during the very hot weather in the summer. The amount of electrical energy generated reached 48 444 308 megawatt hour (MWH) in 2007. Such growth calls for extensive investment in the continuous expansion of the existing power plants and constructing new ones. To rationalise the consumption of electricity, several conservation policies have to be implemented. In this work, we have attempted to diagnose such problem and solicit expert opinions in order to provide the proper remedies. Because the problem comprises several criteria that are subjective in nature, multicriteria decision-making approaches were suggested. The Analytical Hierarchy Process (AHP) was used as a decision tool to assess the different policies that could be used to bring about electricity conservation.

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Decision support for bid evaluation

Cited by 40 publications

References 3 publications

Development of Reusable Bid Evaluation Models for the Portuguese Electric Transmission Company

Development of Reusable Bid Evaluation Models for the Portuguese Electric Transmission Company

Uso De Métodos Multicriterio De Toma De Decisiones Para La Selección De Biomasa en Reactores Fischer Tropsch

Multicriteria decision making in electricity demand management: the case of Kuwait

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