A Multi-attribute Reverse Auction Decision Making Model Based on Linear Programming

Because of the popularity of the Internet, e-commerce is used more and more widely around the world. At the same time, the business style of procurement has also changed a lot. Under this circumstance, online reverse auction came into being. Based on the theoretical knowledge and practical status quo, this paper has studied some key issues, such as the applicable conditions and the basic process of multi-attribute reverse auction, especially focused on the mechanism of decision-making in the process of performing multi-attribute reverse auction. Again in this paper, AHP method has been employed to determine the weight of each attribute; moreover, based on the linear programming theory, a multi-attribute reverse auction model has been established. Finally, a calculation example has been conducted to demonstrate the utility and availability of the model.