Invention Grant
- Patent Title: Joint pricing and replenishment of freshness inventory
- Patent Title (中): 联合定价和补充新鲜度库存
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Application No.: US13439462Application Date: 2012-04-04
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Publication No.: US08843404B2Publication Date: 2014-09-23
- Inventor: Daniel P. Connors , Markus R. Ettl , David D. Yao , Zhengliang Xue
- Applicant: Daniel P. Connors , Markus R. Ettl , David D. Yao , Zhengliang Xue
- Applicant Address: US NY Armonk
- Assignee: International Business Machines Corporation
- Current Assignee: International Business Machines Corporation
- Current Assignee Address: US NY Armonk
- Agency: Scully, Scott, Murphy & Presser, P.C.
- Agent Daniel P. Morris, Esq.
- Main IPC: G06Q10/00
- IPC: G06Q10/00

Abstract:
Joint pricing and replenishment of freshness inventory or products having different qualities determines the joint pricing and inventory strategies to optimize the retailer's benefits from product freshness, employing a dynamic programming formulation that incorporates a demand model that captures consumer choice based on both the freshness and price.
Public/Granted literature
- US20130268415A1 JOINT PRICING AND REPLENISHMENT OF FRESHNESS INVENTORY Public/Granted day:2013-10-10
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