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The generalized second-price auction (GSP) is a non-truthful auction mechanism for multiple items. Each bidder places a bid. The highest bidder gets the first slot, the second-highest, the second slot and so on, but the highest bidder pays the price bid by the second-highest bidder, the second-highest pays the price bid by the third-highest, and so on.
In chess, a relative value (or point value) is a standard value conventionally assigned to each piece.Piece valuations have no role in the rules of chess but are useful as an aid to evaluating a position.
The General Post Office (GPO) [1] was the state postal system and telecommunications carrier of the United Kingdom until 1969. [2] Established in England in the 17th century, the GPO was a state monopoly covering the dispatch of items from a specific sender to a specific receiver (which was to be of great importance when new forms of communication were invented); it was overseen by a ...
In the United States, a group purchasing organization (GPO) is an entity that is created to leverage the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. [1] Many GPOs are funded by administrative fees which are paid by the vendors that GPOs oversee.
Covetrus, Inc. is an American company providing animal health products and related services. [6] Until 2019, it was the animal health business of VetsFirstChoice, and Henry Schein, before being divested.
The Government Pharmaceutical Organization (GPO) (Thai: องค์การเภสัชกรรม; RTGS: Ongkan Phesatchakam) is a Thai state enterprise which manufactures pharmaceutical products in Thailand. In 2011, the GPO netted a profit of 1.6 billion baht from the sale of pharmaceuticals and medical equipment.