Describe the procedure for setting a bid price and explain the manager's objective in setting this bid

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Describe the procedure for setting a bid price and explain the manager's objective in setting this bid price. How it is those two different firms often arrive at different values for the bid price?

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Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science

ISBN: 978-0324656633

5th edition

Authors: Cliff T. Ragsdale

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Question Posted: Aug 05, 2013 02:40 AM

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Describe the procedure for setting a bid price and explain the manager's objective in setting this bid

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The bid process involves determining the price for which the NPV of the project is zero ...View the full answer

Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science

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