Process for determining object level profitability

Details Process for determining object level profitability Process for determining object level profitability

2011-02-01

2011-02-01

Rudy, Andrew Joseph (Department: 3687)

Data processing: database and file management or data structures

Database design

Data structure types

C707S944000, C707S950000, C705S035000

Reexamination Certificate

active

07882137

ABSTRACT:
A process for determining object level profitability includes the steps of (1) preparing information to be accessed electronically, (2) establishing rules for processing the prepared information, (3) calculating at least one marginal value of profit using established rules as applied to a selected set of prepared information, (4) calculating a fully absorbed value of profit adjustment using established rules as applied to the selected set of prepared information, and (5) combining the at least one marginal value of profit and fully absorbed value of profit adjustment to create a measure for object level profitability. The inventive process gives management profit measures tailored to its need for accurate decision oriented profit information required to manage a large organization based on profit measurement.

REFERENCES:
patent: 6148293 (2000-11-01), King
patent: 6981023 (2005-12-01), Hamilton et al.
patent: 7596521 (2009-09-01), Lepman

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