Invention Grant
- Patent Title: Generating an optimized price schedule for a product
- Patent Title (中): 为产品生成优化的价格表
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Application No.: US12115016Application Date: 2008-05-05
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Publication No.: US07937282B2Publication Date: 2011-05-03
- Inventor: Joachim P. Walser , Vibhu Kalyan , Srinivas Palamarthy , James M. Crawford, Jr. , Mukesh Dalal
- Applicant: Joachim P. Walser , Vibhu Kalyan , Srinivas Palamarthy , James M. Crawford, Jr. , Mukesh Dalal
- Applicant Address: US TX Dallas
- Assignee: i2 Technologies US, Inc.
- Current Assignee: i2 Technologies US, Inc.
- Current Assignee Address: US TX Dallas
- Agency: Booth Udall, PLC
- Agent Steven J. Laureanti
- Main IPC: G06F9/44
- IPC: G06F9/44

Abstract:
Generating a price schedule involves generating a graph having paths that include states with values. The graph is generated by determining the values of a successor state from the values of a predecessor state. An optimal path is selected, and a price schedule is determined from the optimal path. Computing an elasticity curve involves having a demand model, values for demand model, and filter sets that restrict the values. Elasticity curves are determined by filtering the values using filter sets, and calculating the elasticity curve using the demand model. A best-fitting elasticity curve is selected. Adjusting a demand forecast value includes estimating an inventory and a demand at a number of locations. An expected number of unrealized sales at each location is calculated. An sales forecast value is determined according to the expected number.
Public/Granted literature
- US20080208678A1 Generating an Optimized Price Schedule for a Product Public/Granted day:2008-08-28
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