Question
You have four suppliers participating in your electronic (reverse) auction. If they submit the initial bids per below table, what would be a feedback from
You have four suppliers participating in your electronic (reverse) auction. If they submit the initial bids per below table, what would be a feedback from the auction system that each of them would receive based on various system setup?
| Supplier A | 100.00 | ||||
| Supplier B | 95.00 | ||||
| Supplier C | 93.00 | ||||
| Supplier D | 11000 | ||||
| SUPPLIER | SUBMITTED PRICE | RANK ONLYY | RANK AND THE LOWEST BID | LEAD AND NO LEAD | BLIND |
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Fundamental Accounting Principles Volume 2
Authors: John Wild, Ken Shaw, Barbara Chiappetta
21st Edition
0077716663, 978-0077716660
