RFM question now that bid day is here

[DubaiSis]

Originally Posted by Loyally Kappa

I still want to make a moving picture of it actively happening ...

You would be looking at a computer monitor for probably 1 second. None of this is done by hand anymore. The computer will take 1000 girls (or whatever), go with the suggested quota and run the list. Then it will bump it up 1 and see what happens, then drop it 1 and see what happens, then up by 2, then 3, then 4, etc. It will run the scenarios and then drop in the quota additions and spit out 15 bid lists (or whatever). It would be like watching an Excel spreadsheet figure a math total. While there IS a process, it happens so fast, as far as you know, you ask for a total and it spits out a total.

[Loyally Kappa]

Originally Posted by DubaiSis

You would be looking at a computer monitor for probably 1 second. None of this is done by hand anymore. The computer will take 1000 girls (or whatever), go with the suggested quota and run the list. Then it will bump it up 1 and see what happens, then drop it 1 and see what happens, then up by 2, then 3, then 4, etc. It will run the scenarios and then drop in the quota additions and spit out 15 bid lists (or whatever). It would be like watching an Excel spreadsheet figure a math total. While there IS a process, it happens so fast, as far as you know, you ask for a total and it spits out a total.

Ah, yes ... the devil is in the details. However, I believe that the reason so many folks still don't understand the process is because the "instant answer" is akin to the Wizard of Oz telling Dorothy, "Pay no attention to that man behind the curtain!"

Just because the computer can do it for us doesn't mean we should lose sight of being able to know WHY one is a snail and ten is a crab! I am a math major, and I used game theory (which bid matching is based on) when I wrote my dissertation. One of my committee members said "you write like you are opening Russian dolls." Not one person on my committee was a math major, but yet I convinced them all that I should stand on the philosopher's stone and be hooded.

[DubaiSis]

Originally Posted by Loyally Kappa

Ah, yes ... the devil is in the details. However, I believe that the reason so many folks still don't understand the process is because the "instant answer" is akin to the Wizard of Oz telling Dorothy, "Pay no attention to that man behind the curtain!"

True. But the part I was contesting was the WATCHING part, which would be nothing like those days I promised not to mention where a room full of old broads stood in a circle with a pile of index cards with rushee names on them.

[Loyally Kappa]

Originally Posted by DubaiSis

"Traveling - It leaves you speechless, then turns you into a storyteller. ~ Ibn Battuta

MATH leaves you speechless and then turns you into a storyteller!

[carnation]

Originally Posted by DubaiSis

True. But the part I was contesting was the WATCHING part, which would be nothing like those days I promised not to mention where a room full of old broads stood in a circle with a pile of index cards with rushee names on them.

No, we sat in a trapezoid and we were all under 35!

Had to point that out.

[Titchou]

Originally Posted by DubaiSis

True. But the part I was contesting was the WATCHING part, which would be nothing like those days I promised not to mention where a room full of old broads stood in a circle with a pile of index cards with rushee names on them.

A video of how hand bid matching works would serve to show people how the computer does it these days. It's the same principle.