Linear programming in bid evaluation

E. D. Stanley, D. P. Honig and Leon Gainen

Naval Research Logistics Quarterly, 1954, vol. 1, issue 1, 48-54

Abstract: This paper presents the difficulties which arise in a particular Government procurement agency in an attempt to determine the allocation of contracts which would result in the lowest over‐all cost to the Government. It is shown how the recently developed mathematical discipline of linear programming can be applied to such problems.

Date: 1954
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:1:y:1954:i:1:p:48-54

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