Product demand system and method

Details Product demand system and method Product demand system and method

1993-02-05

1994-03-29

Envall, Jr., Roy N.

Boots, shoes, and leggings

364468, G06F 1522, G06F 1524, G06G 752

Patent

active

052991156

ABSTRACT:
A product-demand production-control system and method stores past-product demand data during past time periods for use with other data to compute product demands in such manner that the past-product demand data is used to estimate the product demands in current and near-future time periods. The system measures and stores the product demand data for a plurality of predetermined time periods and a plurality of products, and preestimates the product demand for a plurality of products for near-future time periods. Product-demand estimates for current and near-future time periods are revised for a plurality of products in response to weighted emphasis or confidence regarding product demand data in time periods just prior to the current time period.

REFERENCES:
patent: 4227245 (1980-10-01), Edblad
patent: 4562530 (1985-12-01), Umeda
patent: 4639875 (1987-12-01), Abraham et al.
patent: 4661912 (1987-04-01), Imanishi
patent: 4727494 (1988-02-01), Buote
patent: 4737910 (1988-12-01), Kaneko
patent: 4887207 (1989-12-01), Natarajan

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