Patent · US Expired

Computer-implemented value management tool for an asset intensive manufacturer

US6266655A · kind A · utility

34Cited by
11References
31Claims
0Family size

Assignee

Inventor

Key dates

Filing dateJul 22, 1999
Grant dateJul 24, 2001
Priority date
Expiry dateJul 22, 2019

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/0283
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method of valuing resources of an asset intensive manufacturer. Calculations provide a MAV for each resource (machine) for each time horizon. The inputs for the calculations include the prices of products made by the resource, probalistic demand for the products, usage of the resource by various products, and availability of the resource. A series of equations, one equation associated with each resource, is formulated and solved, using lagrangian methods, with lagrangian multipliers representing resource values.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.