Problem Definition
Problem Definition
INDORE
SESSION: 2021-2022
Object Oriented Analysis and Design
CS3CO15
Submitted to – Submitted by –
Prof. Devesh Kumar Lal HARSH JOSHI
EN19CS301130
INDEX:
Objective/Aim
S.No
1. Problem Definition
2. Problem Statement
5. Class Diagram
6. Sequence Diagram
7. Activity Diagram
8. Collaboration Diagram
Online Auction System:
1.Problem Definition:
1. Maximum bidding
2. Bid extension
3. Reserve progress bar
4. Email outbid notifications
5. Insert videos within lot listings
6. Reserve and starting bids
7. Make offer and buy now
8. Multiple video capabilities in a lot listing
Limitations:
You have to present in person or have a representative.
Bidding frenzy is a dangerous thing, and it can cost you
a lot more than you intended to give for a certain object
of interest.
Auctions are often held in a different city, so there will
be some traveling costs.
There is no guarantee your property will sell
successfully at auction. Reserve price is not always met.
Marketing costs tend to be higher.
Auctions concentrate the buying process into a short
period of time. This may turn out to not be the ideal
time to sell. More interest may be right around the
corner.
Auction contracts are unconditional and can’t be
subject to finance or inspection which may not suit
some buyers.
You can set the reserve too low and sell too cheaply or
too high and not sell at all.
SCOPE:
The scope is to develop a user-friendly auctioning site where
any kind of product can be auctioned and provide value-added
services to the bidders and the sellers. The products will be
authenticated and the site provides a safe environment for
online users:
Secure registration of all users including a personal
profile Administrators would authorize the product to
auction, set auction dates and Minimum auction amount
for that product.
At the time of signing up, the Aadhar Number is checked
and Mobile number is verified.
Complete Search/Site Map of the entire site for easy
access.
Discussion forums for users to interact with other users to
know about the product’s value and originality.
Problems in the Existing System:
Prolonged time
In normal auction the time for auction is fixed
which will not be changed. But in the case of online
auction, the timer is reset with 20 or 30 seconds
when a bidder places a bid which makes the auction
time to be prolonged causing time delay in closing
the auction.
Anonymous bidder
The online auction does not take place face to face
which creates anonymous bidders. The auctioneers
cannot have a hold on who is participating in the
bidding. This can lead to anonymity in identifying
the bidders.
False Auto bidding bots
There is option available for auto bidding with the
auction software. The software will automatically
bid on behalf of the bidder when few criteria for
bidding is fixed by the user. This creates false auto
bidding bots that may mislead auction.
Product genuineness
One can view only the product photo on the auction
website. One cannot inspect the product about its
condition and usability physically which may lead
to lack of product genuineness. Some of the online
auction does not support refund .
Fake site
The auction website may be sometimes fraudulent
which sells fake products which will never be
delivered. The product description and actual
product may differ. Sometimes the product
delivered may not be the product that was placed for
auction leading to chaos.
Safety
Information transmission should be securely transmitted to
server without any changes in information SECURE ONLINE
AUCTIONING PORTAL ISE.
Reliability
As the system provide the right tools for discussion, problem
solving it must be made sure that the system is reliable in its
operations and for securing the sensitive details.
Availability
If the internet service gets disrupted while sending
information to the server, the information can be send again
for verification. Security
The main security concern is for users account hence proper
login mechanism should be used to avoid hacking. The tablet
id registration is way to spam check for increasing the
security. Hence, security is provided from unwanted use of
recognition software.
Usability
As the system is easy to handle and navigates in the most
expected way with no delays. In that case the system program
reacts accordingly and transverses quickly between its states.
3. System Requirement Analysis
3.1 Information Gathering
An auction is a market with an explicit set of rules determining
resource allocation and prices on the basis of bids from market
participants. Generally speaking, an auction is the standard means for
performing an aggregation of supply and demand in the marketplace
to effectively establish a price for a product or service. It establishes
prices according to participants’ bids for buying and selling
commodities, and the commodities are sold to the highest bidder.
Simply stated, an auction is a method for allocating scarce goods, a
method that is based upon competition between the participants. It is
the purest of markets: a seller wishes to obtain as much money as
possible for the commodity offered, and a buyer wants to pay as little
as necessary for the same commodity. Traditionally, there are three
protagonists in the auction: sellers, buyers, and auctioneers. An
auction offers the advantage of simplicity in determining market-
based prices. In the case of a traditional physical auction, a seller will
choose an auction house based on the service: the form of licensing,
the availability of suitable insurance, suitable descriptions and access
to the commodities, payment terms, and security of goods before and
during the auction process. The buyer or seller needs to come to the
market or sends his/ her representative. Participants may join an
online auction system, effectively placing bids using a computer on an
anywhere-anytime basis. The access is not only limited to desktop
computers, but also handheld devices such as mobile phones. In
online auctions, transactions take place based on information (product
descriptions), and the products move from seller directly to buyers
only after online transactions are completed. They facilitate buyers
and sellers in: meeting, the listing of items for sale independent of
physical location, exchanging information, interacting with each
other, and ultimately completing transactions. They offer significant
convenience, allowing trading at all hours, and provides continually
updated information; and they allow buyers and sellers to trade
directly, by bypassing traditional intermediaries and lowering costs
for both parties. Online auctions are global in reach, offering buyers a
significantly broader selection of goods to purchase, and provide
sellers with the opportunity to sell their goods efficiently to a broader
base of buyers. Factors that make online auctions attractive may also
present disadvantages. Many online auctions simply list the items for
sale. No attempt is made to verify and check that the merchandise
actually exists or that the description is accurate. Transaction
trustworthiness and security are the two most significant problems.
Online auctions have become very popular. Most auctions are open to
the public. Whatever you want, you can find. Given the rapid success
of the virtual market, no de facto standards exist as to the bidding
rules and policies governing the online auction business. Although
online auctions have been developing for many years, there are still
two major problems: trustworthy transaction and security. Regarding
the first problem, trustworthy transactions, many auction sites
describe themselves merely as meeting places for buyers and sellers.
They simply allow sellers to list merchandise offered for trade and do
not verify that the merchandise actually exists or is accurately
described. They only use an email address to identify the traders—
buyers and sellers. After the auction is over, it is the seller’s
responsibility to deal directly with the buyer concerning payment and
delivery. The auction companies do not hold any responsibility for the
transaction. Auction fraud is therefore an increasingly difficult
problem in the virtual market. The common types of auction fraud are
as follows
Failure to deliver: Buyers pay for an item, which is never
received.
Misrepresentation: Items received do not match up to the original
description.
Shill bidding: A seller, or an associate, places a fake bid intended
to drive up prices.
Among the complaints that the Federal Trade Commission
(FTC) received: Provision of a security system with fine-grained
access control that will allow, on the one hand, legitimate users
access to resources, while on the other, protecting sensitive
information from hackers and unauthorized users (i.e., all other
users).
OAS should provide secure data transactions from sellers to
OAS and from OAS to buyers.
3.2.3 Behavioral
This system will run on the internet since of the dynamic
nature of the internet, and anybody can access it from
smartphones, computers, personal digital assistants and many
more digital gadgets. This is a sure promise that the system
will serve many people in the country, and in future it will
reach out to the whole world.
The system is a forum where the bidders meet their respective
product sellers in their locality on the internet to solve the
problem of item auctioning.
Admin
1:1:Registration Details
2:1:Authentication
3:1:Product Detail
4:1:Request for Set the time & Prize of product
5:1:Request for View Bid Information