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 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

Answer 1

Supplier A	100.00	2	2	3	1
Supplier B	95.00	4	4	2	2
Supplier C	93.00	3	3	1	3
Supplier D	1,100.00	1	1	4	4
SUPPLIER	SUBMITTED PRICE	RANK ONLY	RANK AND THE LOWEST BID	LEAD AND NO LEAD	BLIND