Forecasting demand for products
US8255266B1 · kind B1 · utility
3Cited by
8References
20Claims
0Family size
Assignee
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Key dates
| Filing date | Jan 26, 2012 |
| Grant date | Aug 28, 2012 |
| Priority date | — |
| Expiry date | Jan 26, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0202
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A global demand forecast is generated for a product group in a computer system, where the product group comprises a plurality of products of a predefined genre. A historical relationship between an aggregate of product level demand forecasts and actual demand for the products in the product group, and the global demand forecast are used to adjust a critical ratio employed to generate a product level demand forecast in the computer system for a product in the product group. The critical ratio expresses a probability that the product level demand forecast will exceed an actual demand for a corresponding product.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.