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The Prediction Study of Bidding Control Price Based on GM Model

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Abstract:

The bidding control price is the highest price of the project bidding price which is set beforehand. The appropriately bidding control price which tenders compile can embody the excellent enterprise`s competitiveness, improve the efficiency of bidding and reduce the project cost. So how to forecast the bidding control price accurately and rapidly has important significance for the bidding work. In this paper, based on the gray system theory and taking the interaction between main variables of the bidding control price into due consideration, the gray prediction model is established to forecast the bidding control price. The building, calculation, error precision of the model is explained in details. Finally, the result is verified by real projects.

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Periodical:

Applied Mechanics and Materials (Volumes 409-410)

Pages:

1524-1528

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.409-410.1524

Citation:

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Online since:

September 2013

Authors:

Dong Nie

Keywords:

Bidding Control Price, GM(1,N)Model, Grey System Theory, Project Cost

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Сopyright:

© 2013 Trans Tech Publications Ltd. All Rights Reserved

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References

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