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Real-Time Commercial Bidding Platform for Effective Trading

A specialized online auction system for commercial goods and services, providing more options and real-time trading for the industry. Features regular, reverse auctions, and automated auctioneer capabilities. Improves buying and selling efficiency. Development details and problem-solving approaches included.

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Real-Time Commercial Bidding Platform for Effective Trading

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Presentation Transcript

  1. Real Time Commercial Bidding System Team 9 Robert Banta Neil Sanborn Lauren Palmer Michael Prince

  2. Real Time Commercial Bidding System • Online auction for commercial goods and services • Motivation for project • More options for commercial industry • Real time • Specialized trading • Common place • Reverse/Regular Auction • Facilitates efficient buying and selling

  3. Overview of Features • Regular Auction • Reverse Auction • Real Time • Automated Auctioneer • Viewing history • Bids • Auctions

  4. Prototype

  5. Prototype

  6. Description of Class Model • Construction of Model • Major classes • User, Auction, Automated Auctioneer • User • Bidder • Buyer/Seller • Authorization System • Handles Login and Registration

  7. Description of Class Model (cont.) • Auction • Reverse Auction • Regular Auction • Item • Bid • Automated Auctioneer • Performs Auction actions • Notifications, Bid check, Timer, etc.

  8. Description of Class Model (cont.) • Why constructed this way?? • Simplicity • Abstraction

  9. Class Model

  10. Problems Along the Way • Registration Authorization & Login • How to authorize • When to authorize • External? Internally by system? • Defining a User • How to break down

  11. Problems Along the Way (cont.) • Auction vs. Automated Auctioneer • Keep functionalities separate? (1 to 1 relation)

  12. How Problems Were Solved • Registration Authorization & Login • New class • Authorization System • Register only once • Login each time using site • Defining a User • Subclasses • Shared attributes • Unique attributes

  13. How Problems Were Solved (cont.) • Auction vs. Automated Auctioneer • Modified Auction class • Operations of Auction should be automated by system • Does not perform auction specific functions • Examples • Notifying users of winning bids • Verifying bids

  14. Critical System Properties • User can be a Buyer and/or Seller • Join/View Auctions • Withdrawing from auction • Authorization • Withdrawing from auction • Login • Registration

  15. Critical System Properties (cont.) • Terms & Conditions

  16. Promela • Analysis • Spin • Results • Deadlock • Dropped bids

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