As it is known that inventory is storage where the items are stocked for a long time. Have a look at the inventory having multiple items similar ones collected in a single row and the no similar ones collected in another row. Then there is a display queue where the number of items moving from inventory to the page segments is displayed.
The page content is clearly divided into 60 individual windows so that the bid can be made clear for each item in the inventory. The page is segmented such that there are 20 rows and 3 columns and overall 60 windows.
It is known that the participants pay a certain fee to purchase a bid from the inventory and with each purchase the time of the auction increases. Display timer depends on the product movement in the queue.
Here is how the display timer works-
- If the timer reaches 00:00 with no bid then display next
- If the timer receives a bid from the display queue then reset time at 00:43
- If the timer reaches 00:00 with a bid then send the item to the user cart and also subtract one item from the inventory
This is a very simple process that works on the relation between the timer and the bid made. It is also known that the bid prices vary from site to site depending on the quantity of the items purchased at that time. You receive the bid and the final price of the bid if you make a purchase.
Mathematically, start with assuming all displays with zero bids. Each display is for 60 seconds i.e. one minute and hence there are 60 displays in an hour. Also, it is given that there are 60 windows in a frame and hence if you see each display and each window then there will be (60 displays*60 auctions) i.e. 3600 auctions in an hour. If we talk about a day i.e. 24 hours then there will be 86,400(3600 auctions*24 hours) auctions in 24 hours.
This can be estimated to be a million auctions in 11.57 days. When inventory becomes zero, the auction stops!