System, method and program product for optimizing usage based pricing and availability for a resource
US7711594B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | May 3, 2005 |
| Grant date | May 4, 2010 |
| Priority date | — |
| Expiry date | Dec 26, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0283
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
System, method and program product for determining a price “P” to bill a customer for a resource. An amount “U” of the resource provided to the customer during the billing period is determined. An amount “Ci” of the resource committed to the customer during the billing period is identified. The price P=F(Ci)+G(U−Ci) is determined, where “F” and “G” are price functions for the resource. The price “P” is billed to the customer for the billing period. A determination is made as to the number of requests for the resource which were made by the customer during the billing period in excess of “Ci” which were denied. If the number of denied requests exceeds a predetermined threshold, the amount “Ci” for determining the price “P” is increased during a subsequent billing period. The price “P” is billed to the customer for the subsequent billing period based on the increased amount “Ci” and the value “U” during the subsequent billing period, and the functions “F” and “G”.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.