Reverse Auction Questions with screen shots(1)

Reverse Auction Questions with screen shots(1) - 8 How much...

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Reverse Auction Questions 1. What is being auctioned? ____________________________________________________________________ 2. What is the historic spend for these services?__________________ 3. What is the reserveamount (bid below which the buyer will not award a contract)? ________________________. 4. Reserve price is always lower than historic cost. How much lower in this auction? ______________________________. 5. What is the planned duration of the auction? _________________________ 6. How much was saved versus historic spend in the first 6 seconds of the auction? ______________________________________ 7. Was the reserve bid obtained in the first 6 seconds of the auction?
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Unformatted text preview: _________________________________ 8. How much was saved versus historic at the end of the auction?__________________________. What %? _______________________ 9. Why were bidders placing bids above the current low bid? _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ 10. Why did the auction go into “overtime”? ____________________________________________________________________...
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This note was uploaded on 01/12/2012 for the course MAR 255 taught by Professor Cushman during the Spring '08 term at Syracuse.

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Reverse Auction Questions with screen shots(1) - 8 How much...

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