Assortment planning based on demand transfer between products
US8417559B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 25, 2008 |
| Grant date | Apr 9, 2013 |
| Priority date | — |
| Expiry date | May 20, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0202
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computer-implemented method described for facilitating selection of an assortment of products to offer for sale. The method includes receiving transaction data representing characteristics of a plurality of commercial transactions including a first product and a second product. Product attribute data representing attributes for at least the two products are also received. Substitution demand data for the second product is estimated which represents demand for the second product given the first product is not available, the estimation being based on the transaction data and product attribute data.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.