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Georgia Tech's Institutional Repository >
College of Engineering (CoE) >
H. Milton Stewart School of Industrial and Systems Engineering (ISyE) >
ISYE Senior Design >
Best of Senior Design Spring 2008 Finalist Presentations >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/1853/22234
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| Title: | Next Wave - Ocean Carrier Bid Optimization for the Next Wave Agency |
| Authors: | Araya, Juan
Butts, Steven
Carroll, Owen
Sarver, Emily
Stowe, Justin
Zhang, Jan
Georgia Institute of Technology. School of Industrial and Systems Engineering |
| Advisor: | Ergun, Ozlem |
| Subjects : | Forecasting
Bidding strategy
Optimization model |
| Issue Date: | 30-Apr-2008 |
| Publisher: | Georgia Institute of Technology |
| Description: | This group worked on a project entitled, Ocean Carrier Bid Optimization for the Next Wave Agency. The team designed an analytical tool to help ocean carriers determine the best bid prices to win contracts in a program where the United States Government sends food aid to impoverished countries through the Food for Peace program. This tool uses forecasting techniques, an optimization model to simulate the contract awarding process, and analysis tools to aid Next Wave Agency in selecting the best bid price. The tool is being implemented during the May 2008 round of bidding. |
| Type: | Presentation |
| URI: | http://hdl.handle.net/1853/22234 |
| Appears in Collections: | Best of Senior Design Spring 2008 Finalist Presentations
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