Sales history decomposition
US7848946B2 · kind B2 · utility
6Cited by
93References
13Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Jan 12, 2005 |
| Grant date | Dec 7, 2010 |
| Priority date | — |
| Expiry date | Dec 11, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0202
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A statistical system and method for filters sales history to yield two demand series—one that is time insensitive (i.e. function of price and promotional activities only) and another that is price & promotional activities insensitive (i.e. function of temporal factors only). Once this task is completed, then specialized econometric techniques can be used to model the former and specialized time series techniques can be used to model the latter. In one embodiment, the present invention provides method and related system comprising the iterative steps of:
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.