System, method and computer program product for demand-weighted selection of sales outlets
US8620763B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Nov 8, 2011 |
| Grant date | Dec 31, 2013 |
| Priority date | — |
| Expiry date | Jan 23, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/06398
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
In embodiments disclosed herein, a computer may operate to determine, for each member in a set and each non-member under consideration for the set, an expected revenue to be passed to a parent organization. The expected revenue may be determined utilizing a plurality of weighted features. Members in the set may be ranked according to their expected revenues. Top performing members in the set may be protected to ensure their expected revenues. Bottom performing members may be removed from the set and/or replaced with new members outside of geographical protective areas of the top performing members. The optimization process can be repeated until the set of members can satisfy an existing demand while maximizing revenue for the parent organization.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.