Computer implemented system for estimating the demand dependent unit stockout cost of a consumer item at a location of a single peroid inventory system, stockout cost application therefor, and method therefor
US7236949B2 · kind B2 · utility
14Cited by
18References
9Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Aug 26, 2002 |
| Grant date | Jun 26, 2007 |
| Priority date | — |
| Expiry date | Nov 7, 2024 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/087
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Computer implemented system for estimating the demand dependent unit stockout cost bij=b(λij) of an ith consumer item at a jth location of a single period inventory system as a function of its unit retail price pij, its unit production cost cij, its unit return cost gij and its mean demand λij, stockout cost application therefor, and method therefor.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.