Method of and apparatus for forecasting item availability

Details Method of and apparatus for forecasting item availability Method of and apparatus for forecasting item availability

2007-06-19

2007-06-19

Tarae, Catherine M. (Department: 3623)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Discount or incentive

Reexamination Certificate

active

11350467

ABSTRACT:
A method and apparatus is described for determining the probability that an item will be available at a particular location at an expected time of transaction for the item. Variances for both reported and unreported sales rates of the item may be calculated. Probability distributions may be generated for these sales rates and a convolution performed to obtain the probability that the item will be available at the expected time of transaction.

REFERENCES:
patent: 2003/0074349 (2003-04-01), Gupta et al.
patent: WO 9530201 (1995-11-01), None
Crowley, Sam. “CompUSA Announces ‘Click and Brick’ Shopping Enhancements;—Online Product Pricing and Availability Information to Aid Last-Minute Holiday Shoppers”. PR Newswire. Dec. 21, 1999.

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