DESIGN AND IMPLEMENTATION OF AN AUTOMATED AUCTION SALES INFORMATION SYSTEM

This work presents the design and implementation of automated auction sales information system for Enugu rent tribunal. An online auction system for auctioning of products includes a server system, plural buyer system, and plural seller systems. The server system comprises a seller interface that performs an online bid setup process including obtaining, from a given seller system, price varying information and quantity information corresponding to the price varying information. The buyer interface communicates to selected buyer system, bid information and product information and also accept from a given buyer system a given quantity needed and a given bid. The price adjustment mechanism determines a given parity price for the given buyer which varies according to the given quantity needed. The bid manager defines a given buyer as a function of the given parity price and a rank of the given buyer in relation to the other buyer.