Invention Grant
- Patent Title: Cost based dynamic pricing of goods
- Patent Title (中): 基于成本的商品动态定价
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Application No.: US11146774Application Date: 2005-06-06
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Publication No.: US07885855B2Publication Date: 2011-02-08
- Inventor: Rainer Kerth , Seshashayee Murthy , Umeshchandra H. Patel , Meenakshisundaram Venkatasubramaniam
- Applicant: Rainer Kerth , Seshashayee Murthy , Umeshchandra H. Patel , Meenakshisundaram Venkatasubramaniam
- Applicant Address: US NY Armonk
- Assignee: International Business Machines Corporation
- Current Assignee: International Business Machines Corporation
- Current Assignee Address: US NY Armonk
- Agency: The Brevetto Law Group
- Main IPC: G06Q20/00
- IPC: G06Q20/00 ; G06F17/60
Abstract:
Methods and systems (200) for reducing losses related to perishables are disclosed. The perishables are grouped based on the use-by-date (UBD) and a quantity of at risk perishables are determined (210). A financial impact of the at risk perishables is calculated for each group (220). Pricing is dynamically determined for the perishables based on the financial impact and the UBD (230) and a price display is updated to indicate the pricing of the perishables (240).
Public/Granted literature
- US20060277109A1 Dynamic pricing based on shelf life of perishable goods Public/Granted day:2006-12-07
Information query
