ITPEC FE Morning April 2023 Question 64

Source exam: ITPEC FE Morning April 2023Topic: Corporate & Legal

ITPEC FE Morning April 2023 — Question 64 of 80

Comprehensive Evaluation Bidding — select the winning bidder by total score (price + technology points).

Step 1: Eliminate bids exceeding the target price of 100,000.
- Company D bids 110,000excluded

Step 2: Calculate price points using [1 - (Bid / Target)] × 100:

CompanyBid (×1000)Price PointsTech PointsTotal
A70305080
B80206585
C90108090
D110excluded

Company C has the highest comprehensive evaluation points (90).

Why not others:
- (a) Company A — highest price points (30) but low technology (50), total only 80

- (b) Company B — balanced but total is 85, less than C's 90

- (d) Company D — bid exceeds target price, not evaluated at all

Key rule: In comprehensive evaluation bidding, the lowest price doesn't win — the highest combined score of price and technology points does. Always check the target price ceiling first to eliminate disqualified bids.

AI-generated — may contain errors

The original exam layout is preserved in the image so diagrams, formulas, tables, and code remain accurate.

This question comes from an official ITPEC past paper. ITPEC Practice is an independent study tool and is not affiliated with ITPEC. See the official FE past-paper collection or Report an issue.