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What is A Neural Network Bid No Bid Model The Case For Contractors in Syria about?

This paper presents a neural network model designed to assist contractors in Syria with their bid/no bid decision-making process. The model, developed using data from 157 real-life bidding situations, demonstrated a high accuracy rate of 90% in predicting actual decisions, highlighting its potential as a reliable tool for contractors. The methodology employed could be applicable in broader contexts beyond Syria, suggesting the versatility of artificial neural networks in construction bidding scenarios.

Author

Mori virajsinh

Language

EN