| dc.description.abstract | A construction tender is a method to allow the project owner to know the duration for completing the
project with the lowest price of each contactor. If more contractors enter into the tender, this creates higher
competitiveness resulting in the offers of very low price. The purpose of this study is to create a probability
model to be used in the governmental tender by relying on the price that wins actual tenders to find out
suitable values. This research has chosen the most complete case study and the tool used in this study is an
application for creating random number model. After that the information is used for analysis of price that can
win the tender and profit that is expected. As the result, the maximum expected profit is 0.20%, chance to win
the competitors is 4% , our amount of money is 68,398,898 baht, the amount of money of the competitor A is
71,732,122 baht and the amount of money of the competitor B is 71,890,290 baht. If 100% success for the
tender is required, a loss up to 20% is in need. | en_US |
