System and method for a recommendation mechanism regarding store remodels
US11113652B2 · kind B2 · utility
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17Claims
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Key dates
| Filing date | Sep 13, 2019 |
| Grant date | Sep 7, 2021 |
| Priority date | — |
| Expiry date | Sep 13, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/06375
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An iterative, tiered system for identifying which assets need to be remodeled. This tiered system uses a Bayesian Structural Time Series, followed by an ensemble classification and cost estimation. The results are then input into an optimization model, where the best possible set of stores is selected according to the constraints. Remodeling of the store then commences.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.