Advanced Algorithms - How do I flip price scoring; highest gets most points?

Are you running a project where the price scoring methodology is reversed? In other words, the highest price would be given the highest score, then all other vendors would be allotted an amount relative to that?

Our Advanced Algorithm feature will allow you to easily implement this (please note Bonfire Support - support@gobonfire.com must enable this feature for you in the backend).

Advanced Algorithms gives you more options for how scores are determined. When enabled, you will get a new dropdown to select alternative algorithms when defining Criteria.

Once Advanced Algorithms has been enabled it will be available as an option for all future projects you create.

If you wish to enable it for an existing project you must manually toggle it on. It will now be a checkbox option under the Edit Project button. You just need to check it off to enable it for any prior projects (see below image). 

 

After you enable it for the project, under the Manage Criteria modal (Criteria-->Manage Button) you will now see the Pricing Criteria has a new dropdown to change the relative direction of the Pricing Criteria (eg. highest gets full marks).

 

 

Additionally, Advanced Algorithms also impact Rated Criteria in a similar fashion whereby you can change the scoring methodology so that highest score gets full marks:

 

 

 

Related Terms:  change pricing methodology, price relativity, change the pricing to provide top score to highest cost, the highest price response receives the total score and the rest are scored relative to that one, the higher the number the better, reversal, reversing, pricing points, relative scoring, change direction, distribution

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