Invention Grant
- Patent Title: Conditional purchase offer management system
- Patent Title (中): 有条件的采购报价管理系统
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Application No.: US13298366Application Date: 2011-11-17
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Publication No.: US08700481B2Publication Date: 2014-04-15
- Inventor: Jay S. Walker , Bruce Schneier , James A. Jorasch , T. Scott Case
- Applicant: Jay S. Walker , Bruce Schneier , James A. Jorasch , T. Scott Case
- Applicant Address: US CT Stamford
- Assignee: Priceline.com Incorporated
- Current Assignee: Priceline.com Incorporated
- Current Assignee Address: US CT Stamford
- Agency: Cooley LLP
- Agent Walter G. Hanchuk; Nathan W. Poulsen
- Main IPC: G06Q30/00
- IPC: G06Q30/00

Abstract:
A conditional purchase offer (CPO) management system is disclosed for receiving CPOs from one or more customers, such as airline passengers, and for evaluating the received CPOs against a number of CPO rules defined by a plurality of sellers, such as airlines, to determine whether any seller is willing to accept a given CPO. A CPO rule is a set of restrictions defined by a given seller, such as an airline, to define a combination of restrictions for which the seller is willing to accept a predefined price. The CPO rules may be securely stored by one or more servers. The CPO management system permits a seller to correct for forecasting errors, if necessary, or other competitive forces which have produced excess capacity, by providing inventory for sale to CPO customers.
Public/Granted literature
- US20120089476A1 Conditional Purchase Offer Management System Public/Granted day:2012-04-12
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