A mixed integer model of bidding strategies for outsourcing

Article Abstract:

A mixed integer programming model has been developed for formulating bidding strategies for the outsourcing of information systems. The model relies on discrete cost distributions and probabilities to reflect differential cost asymmetries and give the expected cost of a contract to the user-firm. It also uses truth revelation strategies that enable the user-firm to choose a contractor that offers high quality service at low cost.

Management, Integer programming, Letting of contracts, Competitive bidding, Outsourcing

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PETAPS: a prototype decision support system for consumer product marketing and promotion

Article Abstract:

The Promotion Evaluation, Tracking and Planning System (PETAPS) is a decision support system for solving complex decision problems encountered by manufacturing and marketing companies. It features an open architecture that allows the modifications of manufacturing and marketing models. PETAPS assists the manager in making decision based reliable historical data.

Design and construction, Marketing, Marketing models

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Evaluating bank branch location and performance: a case study

Article Abstract:

A mathematical model based on regression analysis has been developed for bank branch planning. The model uses the stepwise multiple regression technique to evaluate the different factors that could affect the performance of bank branches, such as the branch age, the presence of a night deposit facility and professional and commercial character of the location.

Commercial Banks, Commercial Banking, Research, Banking industry, Analysis, Planning, Regression analysis, Branches (Business enterprises)

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