Method and apparatus for managing product end of life
US8467894B2 · kind B2 · utility
1Cited by
16References
21Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Jan 6, 2001 |
| Grant date | Jun 18, 2013 |
| Priority date | — |
| Expiry date | Mar 30, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/087
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method of managing product end of life over an end of life horizon includes the step of selecting an objective of either maximizing gross profit or minimizing writeoff costs for a selected plurality of products being discontinued. The products may have parts in common. A subset of all possible combinations of product demand levels is selected. Each combination is associated with a probability. A procurement plan that optimizes the selected objective is generated based on the selected subset of demand levels given a non-zero pre-existing inventory of at least some parts of the selected products.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.