Method for prediction of materialization of a reserved purchase

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Discount or incentive

Reexamination Certificate

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C705S005000, C705S016000

Reexamination Certificate

active

07415422

ABSTRACT:
The present invention provides a method for predicting the likelihood of materialization of pending reservations for the purchase of perishable commodities. Details pertaining to perishable commodities for which reservations for purchase have been made in the past, are gathered and analyzed as are details pertaining to perishable commodities for which reservations for purchase are currently pending. Based upon the analysis, the likelihood that a particular pending reservation will actually be purchased or “materialize” is determined and this information is utilized for yield management.

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