Reverse auction control method, computer program product, and server
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
Feb 23, 2006
app pub date -
Aug 19, 2005
filing date -
Aug 23, 2004
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A control method of reverse auction that is implemented by a server connected to a plurality of supplier terminals through a communication network. The control method first receives bids from the plurality of supplier terminals through the communication network. Then, the server calculates a bid price ratio for relatively comparing bid prices of the received bids. Further, the server determines the distribution of a total procurement amount of a reverse auction target item based on the bid price ratio.
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