Space dataset optimization

US10817818B1 · kind B1 · utility

Assignee

• MASTERCARD INTERNATIONAL INCORPORATED · US

Inventors

• Jackson Hamburger · Arlington, US
• David Kim · McLean, US
• Bradley Stankey · Washington, US
• Fu Shek Li · Arlington, US

Key dates

• Filing date: Oct 28, 2019
• Grant date: Oct 27, 2020
• Expiry date: Oct 28, 2039

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0201
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Disclosed method comprises receiving from a user interface, a request to generate an optimized space dataset; generating a first instruction configured to receive a first dataset comprising at least one of a space allocated to the product, product attribute, and product performance value corresponding to a plurality of institutions; automatically calculating an elasticity range based on the space allocated to the product; calculating an unbounded asymptote and elasticity values; upon the unbounded elasticity value being outside the elasticity range, dynamically adjusting the elasticity value based on the elasticity range; iteratively calculating a bounded asymptote value based on the second dataset data points until the asymptote value is within the adjusted elasticity range; and generating a graphical representation to illustrate an optimized space trend comprising plurality of data points.