Neural networks as a tool for modelling the decision to bid process
Jamshid Parvar, David Lowe, Margaret W. Emsley, Roy Duff · Research Explorer (The University of Manchester) · 2000
Neural networks and regression models are employed to model the decision to bid process. The approach demonstrates the feasibility, and usability of the neural networks as a valid tool for modelling non-linear relationships. Moreover, neural networks provide a model with the desired accuracy for the decision to bid process. The paper recommends involving the end users throughout the system development process, and creating an environment within which direct and indirect learning can be achieved by practitioners.