Optimized component selection for project completion

Details Optimized component selection for project completion Optimized component selection for project completion

2008-04-25

2011-11-08

Borissov, Igor (Department: 3628)

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

Automated electrical financial or business practice or...

Operations research or analysis

C705S400000, C703S002000

Reexamination Certificate

active

08055521

ABSTRACT:
A method is provided for determining the best combination of components/supplies/goods matched to a price provided by a supplier of those components/supplies/goods, such that costs are minimizing subject to a given supply function, fixed costs and various considerations that can be factored into a selection criteria. More specifically, a Lagrangian function is minimized subject to the supply function and an ensemble of costing formulations are considered subject to weighting factors as applied to a variety of criteria to arrive at an optimized selection of components/supplies/goods.

REFERENCES:
patent: 6826538 (2004-11-01), Kaylan et al.
patent: 2005/0137959 (2005-06-01), Yan et al.
patent: 2005/0256778 (2005-11-01), Boyd et al.
patent: 2008/0091624 (2008-04-01), Krikler et al.
Martin J. Pring, Technical Analysis Explained, 3rd ed; p. 209; 1991 (3 pages).

Affiliated with

Also associated with

Rating

Optimized component selection for project completion does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Optimized component selection for project completion, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Optimized component selection for project completion will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4276853