Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Discount or incentive
Reexamination Certificate
2005-12-20
2005-12-20
Hafiz, Tariq R. (Department: 3623)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Discount or incentive
C705S007380, C705S001100
Reexamination Certificate
active
06978249
ABSTRACT:
A product demand forecasting system includes a profile extractor that generates a demand profile of a new product yet to be introduced based on demand profiles of similar products already introduced. The profile extractor normalizes and averages the demand profiles of the similar products to obtain the demand profile of the new product. The forecasting system also includes a life-cycle demand predictor that generates a total life-cycle demand of the new product based on historical demand data of the similar products. A forecast creator is then coupled to the profile extractor and the demand predictor to generate a life-cycle demand forecast for the new product based on the demand profile and total life-cycle demand of the new product. A method of providing a life-cycle product demand forecast for a new product yet to be introduced is also described.
REFERENCES:
patent: 5712985 (1998-01-01), Lee et al.
patent: 5819232 (1998-10-01), Shipman
patent: 5963919 (1999-10-01), Brinkley et al.
patent: 6032121 (2000-02-01), Dietrich et al.
patent: 6032125 (2000-02-01), Ando
patent: 6151582 (2000-11-01), Huang et al.
patent: 6205431 (2001-03-01), Willemain et al.
patent: 6341269 (2002-01-01), Dulaney et al.
patent: 6366890 (2002-04-01), Usrey
patent: 6609101 (2003-08-01), Landvater
patent: 410315100 (1998-12-01), None
Screenshots of Technology Strategy, Inc., www.grossprofit.com, Mar. 2, 2000 [retrieved on Jun. 9, 2003], pp. 1-5, retrieved from: Google.com and archive.org.
Koloszyc, Ginger, “Merchants Try Complex Mathmatical Tools to Improve Inventory Decisions”, Stores Magazine, Nov. 1999 [retrieved Jun. 9, 2003], pp. 1-3, retrieved from: Google.com and archive.org.
Ackerman, Jerry, “Looking Back to Fashion's Future”, The Boston Globe, Oct. 7, 1998 [retrieved Jun. 9, 2003], pp. 1-4, retrieved from: archive.org and Google.com.
Safai et al., “Implementing setup optimization on the shop floor”, Operations Research Society, Nov./Dec. 1996 [retrieved Jun. 9, 2003], 1 page, retrieved from: Dialog, file 15.
Mendenhall et al., “A Second Course in Statistics”, Prentice-Hall, Inc., 1996, 5th Edition, pp. 29-46 and 696-710.
i2 Technologies, “Rhythm Software”, www.i2.com, Jun. 18, 2000 [retrieved Jul. 18, 2005], 23 pages, retrieved from: archive.org.
AitSalia Farid
Beyer Dirk M.
Safai Fereydoon
Doren B. Van
Hafiz Tariq R.
LandOfFree
Profile-based product demand forecasting does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Profile-based product demand forecasting, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Profile-based product demand forecasting will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-3501845