OK so after reading through the contract again, I think I understand it. So if the company excesses out of any seat, everyone should bid ANC. That way the company has to buy all the houses and make the moves.
Now if they don't put the "1" excess in ANC no one in ANC would be excessed. Thus, this would result in transferring whatever the over-manned aircraft position is, to an over-manned position in ANC. Somehow I don't think they would do this.
The other option is to put the "1" excess at both MEM and ANC. I don't think they will do this either since we've already seen the outcome of that.
There must be something I'm missing, so I think I'll just stay out of this conversation. Later.