Subset optimization system

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Discount or incentive

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

C705S020000, C705S007380

Reexamination Certificate

active

07877286

ABSTRACT:
A method for computing a preferred set of prices for products in a subset of a plurality of products is provided. Generally, initial prices for a plurality of products are stored. A subset of products of the plurality of products is designated, where the number of products in the subset of products is less than the number of products in the plurality of products. A demand model is created based on Bayesian modeling. Prices for the products in the subset of products are optimized, while maintaining the initial prices of products of the plurality of products that are not in the subset of products, wherein the optimization uses a grid method to determine the optimized prices.

REFERENCES:
patent: 3017610 (1962-01-01), Auerbach et al.
patent: 4744026 (1988-05-01), Vanderbei
patent: 4862357 (1989-08-01), Ahistrom et al.
patent: 4887207 (1989-12-01), Natarajan
patent: 4907170 (1990-03-01), Bhattacharya
patent: 4916443 (1990-04-01), Barrett et al.
patent: 5057915 (1991-10-01), Von Kohorn
patent: 5063506 (1991-11-01), Brockwell et al.
patent: 5117354 (1992-05-01), Long et al.
patent: 5189606 (1993-02-01), Burns et al.
patent: 5212791 (1993-05-01), Damian et al.
patent: 5227874 (1993-07-01), Von Kohorn
patent: 5249120 (1993-09-01), Foley
patent: 5299115 (1994-03-01), Fields et al.
patent: 5331546 (1994-07-01), Webber et al.
patent: 5377095 (1994-12-01), Maeda et al.
patent: 5459656 (1995-10-01), Fields et al.
patent: 5490060 (1996-02-01), Malec et al.
patent: 5515270 (1996-05-01), Weinblatt
patent: 5521813 (1996-05-01), Fox et al.
patent: 5615109 (1997-03-01), Eder
patent: 5694551 (1997-12-01), Doyle et al.
patent: 5710887 (1998-01-01), Chelliah et al.
patent: 5712985 (1998-01-01), Lee et al.
patent: 5732401 (1998-03-01), Conway
patent: 5765143 (1998-06-01), Sheldon et al.
patent: 5774868 (1998-06-01), Cragun et al.
patent: 5790643 (1998-08-01), Gordon et al.
patent: 5799286 (1998-08-01), Morgan et al.
patent: 5822736 (1998-10-01), Hartman et al.
patent: 5832456 (1998-11-01), Fox et al.
patent: 5832458 (1998-11-01), Jones
patent: 5873069 (1999-02-01), Reuhl et al.
patent: 5878400 (1999-03-01), Carter, III
patent: 5902351 (1999-05-01), Streit et al.
patent: 5918209 (1999-06-01), Campbell et al.
patent: 5918211 (1999-06-01), Sloane
patent: 5933813 (1999-08-01), Teicher et al.
patent: 5987425 (1999-11-01), Hartman et al.
patent: 6009407 (1999-12-01), Garg
patent: 6009415 (1999-12-01), Shurling et al.
patent: 6029139 (2000-02-01), Cunningham et al.
patent: 6032123 (2000-02-01), Jameson
patent: 6032125 (2000-02-01), Ando
patent: 6044357 (2000-03-01), Garg
patent: 6052686 (2000-04-01), Fernandez et al.
patent: 6078893 (2000-06-01), Ouimet et al.
patent: 6094641 (2000-07-01), Ouimet et al.
patent: 6125355 (2000-09-01), Bekaert et al.
patent: 6134534 (2000-10-01), Walker et al.
patent: 6173345 (2001-01-01), Stevens
patent: 6202070 (2001-03-01), Nguyen et al.
patent: 6205431 (2001-03-01), Willemain et al.
patent: 6219649 (2001-04-01), Jameson
patent: 6272483 (2001-08-01), Joslin et al.
patent: 6289330 (2001-09-01), Jannarone
patent: 6308162 (2001-10-01), Ouimet et al.
patent: 6321207 (2001-11-01), Ye
patent: 6336097 (2002-01-01), Scipioni
patent: 6341268 (2002-01-01), Walker et al.
patent: 6341269 (2002-01-01), Dulaney et al.
patent: 6377932 (2002-04-01), DeMarcken
patent: 6378066 (2002-04-01), Lewis
patent: 6397193 (2002-05-01), Walker et al.
patent: 6405175 (2002-06-01), Ng
patent: 6430539 (2002-08-01), Lazarus et al.
patent: 6456986 (2002-09-01), Boardman et al.
patent: 6536935 (2003-03-01), Parunak et al.
patent: 6546387 (2003-04-01), Triggs
patent: 6553352 (2003-04-01), Delurgio et al.
patent: 6567824 (2003-05-01), Fox
patent: 6591255 (2003-07-01), Tatum et al.
patent: 6609101 (2003-08-01), Landvater et al.
patent: 6678695 (2004-01-01), Bonneau et al.
patent: 6684193 (2004-01-01), Chavez et al.
patent: 6697824 (2004-02-01), Bowman-Amuah
patent: 6725208 (2004-04-01), Hartman et al.
patent: 6731998 (2004-05-01), Walser et al.
patent: 6735572 (2004-05-01), Landesmann
patent: 6745184 (2004-06-01), Choi et al.
patent: 6826538 (2004-11-01), Kalyan et al.
patent: 6851604 (2005-02-01), Girotto et al.
patent: 6910017 (2005-06-01), Woo et al.
patent: 6934931 (2005-08-01), Plumer et al.
patent: 6963854 (2005-11-01), Boyd et al.
patent: 6965867 (2005-11-01), Jameson
patent: 6988076 (2006-01-01), Ouimet
patent: 7058617 (2006-06-01), Hartman et al.
patent: 7062447 (2006-06-01), Valentine et al.
patent: 7072848 (2006-07-01), Boyd et al.
patent: 7080026 (2006-07-01), Singh et al.
patent: 7080030 (2006-07-01), Eglen et al.
patent: 7092896 (2006-08-01), Delurgio et al.
patent: 7092918 (2006-08-01), Delurgio et al.
patent: 7092929 (2006-08-01), Dvorak et al.
patent: 7130811 (2006-10-01), Delurgio et al.
patent: 7133848 (2006-11-01), Phillips et al.
patent: 7133882 (2006-11-01), Pringle et al.
patent: 7155402 (2006-12-01), Dvorak
patent: 7240019 (2007-07-01), Delurgio et al.
patent: 7249031 (2007-07-01), Close et al.
patent: 7249032 (2007-07-01), Close et al.
patent: 7249033 (2007-07-01), Close et al.
patent: 7302410 (2007-11-01), Venkatraman et al.
patent: 7308421 (2007-12-01), Raghupathy et al.
patent: 7349879 (2008-03-01), Alsberg et al.
patent: 7363259 (2008-04-01), Baseman et al.
patent: 7386519 (2008-06-01), Delurgio et al.
patent: 2001/0014868 (2001-08-01), Herz et al.
patent: 2002/0023001 (2002-02-01), McFarlin et al.
patent: 2002/0032610 (2002-03-01), Gold et al.
patent: 2002/0042739 (2002-04-01), Srinivasan et al.
patent: 2002/0042755 (2002-04-01), Kumar et al.
patent: 2002/0107819 (2002-08-01), Ouimet
patent: 2002/0116348 (2002-08-01), Phillips et al.
patent: 2002/0123930 (2002-09-01), Boyd et al.
patent: 2002/0165834 (2002-11-01), Delurgio et al.
patent: 2002/0169657 (2002-11-01), Singh et al.
patent: 2002/0184059 (2002-12-01), Offutt, Jr. et al.
patent: 2002/0198794 (2002-12-01), Williams et al.
patent: 2003/0028437 (2003-02-01), Grant et al.
patent: 2003/0110072 (2003-06-01), Delurgio et al.
patent: 2003/0177103 (2003-09-01), Ivanov et al.
patent: 2003/0200185 (2003-10-01), Huerta et al.
patent: 2003/0220830 (2003-11-01), Myr
patent: 2004/0111358 (2004-06-01), Lange et al.
patent: 2004/0210541 (2004-10-01), Epstien et al.
patent: 2004/0243432 (2004-12-01), Kelly et al.
patent: 2005/0096963 (2005-05-01), Myr et al.
patent: 2005/0108070 (2005-05-01), Kelly et al.
patent: 2006/0161504 (2006-07-01), Walser et al.
patent: 2006/0224534 (2006-10-01), Hartman et al.
patent: 2006/0271441 (2006-11-01), Mueller et al.
patent: 2008/0086429 (2008-04-01), Venkatraman et al.
patent: 2008/0243645 (2008-10-01), Bayer et al.
patent: WO 98/53415 (1998-11-01), None
patent: WO 02/01456 (2002-01-01), None
Montgomery: “The Impact of Micro-Marketing on Pricing Strategies”, 1994 The University of Chicago vol. 55/12-A of Dissertation of Abstracts International, p. 3922 (Abstract Only).
Busch: “Cost Modeling as a Technical Management Tool”, Research-Technology Management, Nov./Dec. 1994, vol. 37, No. 6, pp. 50-56.
“Pacificorp IRP: Renewables Costs Must Drop 65% to be Competitive with Gas”.
“Report of Novelty Search” by Patentec, dated Feb. 9, 2001.
“Report of Novelty Search” by Patentec, dated Jul. 25, 2001.
Stephen J. Hoch et al., “Store Brands and Category Management”, The Wharton School, University of Pennsylvania, Mar. 1998, pp. 1-38.
Bruce G.S. Hardie et al., “Attribute-based Market Share Models: Methodological Development and Managerial Applications”, University of Pennsylvania, Working Paper 98-009, pp. 1-48.
Alan Mercer, “Non-linear Price Effects”, Journal of the Market Research Society, dated Jul. 1, 1996, p. 227.
Rockney G. Walters, “Assessing the Impact of Retail Price Promotions on Product Substitution, Complementary Purchase, and Interstore Sales Displacement”, Journal of Marketing, vol. 55, Apr. 1991, pp. 17-28.
Robert C. Blattberg et al., “How Promotions Work”, Marketing Science, vol. 14, No. 3, Part 2 of 2, 1995, pp. G122-G132.
Peter M. Guadagni et al., “A Logit

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Subset optimization system does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Subset optimization system, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Subset optimization system will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-2715356

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.