Mielcarz, Paweł; Osiichuk, Dmytro; Owczarkowski, Ryszard - In: Efficiency in business and economics : proceedings from …, (pp. 133-144). 2018
The paper aims at presenting a coherent algorithm allowing to evaluate tender bids in accordance with the principles of value-based management. The evaluation of tender results in many cases lacks rigorous methodology and often involves an inherent element of subjectivity. The mathematical...