Real time personalized pricing for limited inventory assortments in a high-volume business environment
US11074601B2 · kind B2 · utility
2Cited by
5References
20Claims
0Family size
Assignee
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Key dates
| Filing date | Feb 6, 2018 |
| Grant date | Jul 27, 2021 |
| Priority date | — |
| Expiry date | Feb 4, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N20/10
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
A system that compresses data during neural network training. A memory stores computer executable components and neural network data, and a processor executes computer executable components stored in the memory. An anticipatory value of inventory (VOI) optimization component calculates optimal VOI and prices for immediate-future inventory levels in parallel and writes latest price updates for respective states to a price stack; and a recommendation component provides customized pricing recommendation for a product relative to a unique customer as a function of the latest price updates for respective states to the price stack.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.