A forward auction

occurs when a seller determines demand and then creates a product based on that price.

occurs when a buyer lists what he or she wants to buy and sellers may submit bids.

occurs when different offerings are sold together at a price that's typically lower than the total price a customer would pay by buying each offering separately.

occurs when a buyer lists what he or she wants to buy and also states how much he/she is willing to pay.

occurs when buyers pay the same price regardless of where they buy the product or from whom.