Search results for "Eauction"

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Designing multi-attribute auctions for engineering services procurement in new product development in the automotive context

2010

Abstract In recent years, use of multi-attribute auctions has been consolidating as a powerful mechanism in procurement settings where multiple drivers affect the transaction outcome. This paper provides a project management approach for multi-attribute auction design for standardized engineering services procurement in the context of new product development in automotive industry. Two variables are taken into account in the bidding process: price and duration of the given engineering activity. From a theoretical viewpoint, we fully determine optimal suppliers’ bidding strategies and expected outcomes, i.e. score/utility, price and duration, for the buyer under both first score sealed bid a…

Economics and EconometricsOperations researchComputer sciencebusiness.industryTheoryofComputation_GENERALContext (language use)Management Science and Operations ResearchBiddingSettore ING-IND/35 - Ingegneria Economico-GestionaleGeneral Business Management and AccountingIndustrial and Manufacturing EngineeringEbiddingProcurementCollaborative product development Automotive engineering Auction design Project managementNew product developmentCommon value auctionEauctionOperations managementDuration (project management)businessInternational Journal of Production Economics

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