Shelf space product placement optimizer
US8930235B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Nov 9, 2012 |
| Grant date | Jan 6, 2015 |
| Priority date | — |
| Expiry date | Apr 3, 2033 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system for optimizing shelf space placement for a product receives decision variables and constraints, and executes a Randomized Search (“RS”) using the decision variables and constraints until an RS solution is below a pre-determined improvement threshold. The system then solves a Mixed-Integer Linear Program (“MILP”) problem using the decision variables and constraints, and using the RS solution as a starting point, to generate a MILP solution. The system repeats the RS executing and MILP solving as long as the MILP solution is not within a predetermined accuracy or does not exceed a predetermined time duration. The system then, based on the final MILP solution, outputs a shelf position and a number of facings for the product.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.