Logistic approaches to economic-mathematical modeling of pricing influence in government procurement

Authors: 

N. I. Chukhray, O. S. Melnikov, V. V. Smyryczynskiy

N. I. Chukhray-1, O. S. Melnikov-2, V. V. Smyryczynskiy-3

  1. Lviv Politechnic National University, 
  2. National Technical University “Kharkiv Polytechnic Institute” 
  3. European University, Ternopil branch 

The article investigates the influence of controlled and uncontrolled factors on price formation in public procurement procedures. Advantages and drawbacks of competitive tender procedures in public procurement are analyzed. The economic and mathematical model for estimating the expected procurement price depending on the number of bidders with the interval price uncertainty on the buyer’s part is offered. 

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