Transformation bidding with tooling requirements
US7840476B1 · kind B1 · utility
25Cited by
65References
29Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Aug 16, 2002 |
| Grant date | Nov 23, 2010 |
| Priority date | — |
| Expiry date | May 10, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method of transformation bidding in an electronic auction system. The system acquires lot data including tooling information for a lot, receives a bid from a bidder, and transforms the lot data and the bid into a true cost of procuring the lot from the bidder. The system also presents the true cost to a sponsor.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.