Assignment:
Question 1. Which of the given parts should be taken to auction? Support your recommendation with a total cost analysis.
Question 2. Do you recommend a pre-auction technical review or a post-auction technical review for this auction? Explain.
Question 3. Should the auction have a reserve price? Should that price be visible to suppliers? Explain.
Question 4. For each part in Question 1, do you recommend an open descending reverse auction or a sealed-bid first-price auction? Explain.
Attachment:- Supplier Selection at Casturn Systems.rar