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2. Burkett Restaurant Equipment - Wikipedia

   en.wikipedia.org/wiki/Burkett_Restaurant_Equipment

   Burkett Restaurant Equipment & Supplies is an American food-service equipment and supplies dealer, headquartered in Perrysburg, Ohio.Founded by Jameel Burkett and Mike Burkett, the company has been family-owned and operated since 1977.

3. Online auction - Wikipedia

   en.wikipedia.org/wiki/Online_auction

   An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [ 1 ] [ 2 ] [ 3 ] Similar to in-person auctions, online auctions come in a variety of types , with different bidding and selling rules.

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5. Request for quotation - Wikipedia

   en.wikipedia.org/wiki/Request_for_quotation

   After the RfQ process, professional procurement organizations have to compare the quotations, and try to get the best price for the job (by negotiations, or by conducting an e-auction (a reverse auction or a ticker auction). Aim is to determine the fair market value of the goods or services and thus generate savings for the company.

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7. First-price sealed-bid auction - Wikipedia

   en.wikipedia.org/wiki/First-price_sealed-bid_auction

   A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2]: p2 [3]