Irrigation Reduction Auction: Ranked Offers

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Session Name = ***, Description =
Costs Uniform on [$50.00, $150.00], Acres Uniform on [50, 250]
Budget = $150,000.00, Target Acres = 1,800, Maximum Bid = $200.00, Show Bids = no
Uniform Price Predictions: Expenditure = $144,494.60, Price Range = $108.40 - $108.60 Acres Acquired = 1,659, Permits = 14

Key: ID permit accepted offer rejected offer
Round 1 Round 2 Round 3 Round 4 Round 5
21 $ 80
52 $ 88.2
43 $ 98.5
51 $ 98.7
42 $ 99.5
33 $100
53 $102
41 $105
12 $110
22 $115
23 $115
11 $120
13 $120
31 $120
32 $120
61 $200
62 $200
63 $300

$137,722.40 spent
12 permits
1,336 acres
bid/cost: 1.36
21 $ 85
42 $102
43 $102
52 $102.8
33 $103
41 $105
32 $107
31 $115
51 $118.6
11 $119
12 $119
13 $119
22 $120
23 $120
62 $125
53 $128.8
61 $130
63 $160

$140,572.00 spent
11 permits
1,299 acres
bid/cost: 1.24
21 $100
62 $100
33 $104
42 $105
43 $105
61 $105
32 $110
22 $115
23 $115
13 $117
11 $118
12 $118
31 $118
51 $119.8
52 $119.8
41 $120
53 $124.8
63 $145

$148,455.00 spent
10 permits
1,383 acres
bid/cost: 1.23
62 $100
33 $105
42 $105
43 $105
61 $106
52 $106.8
41 $110
32 $111
12 $114
51 $114.8
11 $115
21 $115
31 $115
13 $116
22 $117
23 $117
53 $119.8
63 $140

$149,434.60 spent
11 permits
1,394 acres
bid/cost: 1.21
62 $101
52 $104.8
33 $105
61 $107
21 $110
42 $110
32 $111
43 $111
51 $111.8
12 $113
31 $114
53 $114.8
11 $115
13 $115
41 $115
22 $116
23 $116
63 $139

$135,043.60 spent
10 permits
1,259 acres
bid/cost: 1.21

Vecon Lab - October 10, 2001