Accession Number : AD0452673


Title :   A DYNAMIC PROGRAMMING APPROACH TO BID EVALUATION IN PROCUREMENT,


Descriptive Note : Memorandum rept.


Corporate Author : ARMY BALLISTIC RESEARCH LAB ABERDEEN PROVING GROUND MD


Personal Author(s) : Sacco, William J.


Report Date : SEP 1964


Pagination or Media Count : 15


Abstract : A dynamic programming solution is given for a bid evaluation problem involving n vendors. The model includes set-up costs, multi-level bids, and certain shipping costs. (Author)


Descriptors :   , (*DYNAMIC PROGRAMMING, PROCUREMENT), (*PROCUREMENT, AMMUNITION), COSTS.


Distribution Statement : APPROVED FOR PUBLIC RELEASE