Company Filing History:
Years Active: 2010-2011
Title: Innovations by Charles R. Troyer
Introduction
Charles R. Troyer is an accomplished inventor based in New York, NY (US). He holds 2 patents that showcase his expertise in profit optimization and bid evaluation systems. His innovative contributions have significantly impacted the fields of supply chain management and commodity sales.
Latest Patents
One of his latest patents is the "Spot Market Profit Optimization System." This system optimizes profit for organizations by considering both supply-side and demand-side factors. It utilizes an optimization model that accounts for the parts used in assembling various products. The model employs demand curves to predict the quantity of products demanded based on price in the spot market. Additionally, it analyzes supply model data to determine the optimal mix of products that can be sold, ensuring that resources are available for production while adhering to business rules and constraints.
Another notable patent is the "Commodity Contract Bid Evaluation System." This tool evaluates proposed bids for commodity sales contracts by displaying historical price data and forecasts in a graphical format. Users can define a date range for proposed contracts and the tool analyzes price data to generate corresponding proposed bids. It offers multiple bid pricing models, allowing users to adjust historical data and select the data set used for bid generation.
Career Highlights
Charles R. Troyer is currently associated with Signaldemand, Inc., where he applies his innovative ideas to enhance business processes. His work has been instrumental in developing systems that streamline operations and improve profitability for organizations.
Collaborations
Throughout his career, Charles has collaborated with notable professionals, including Robert D. Pierce and Hartwig C. Huemer. These collaborations have contributed to the development of advanced systems and tools in the industry.
Conclusion
Charles R. Troyer's innovative patents and contributions to the field of optimization and bid evaluation demonstrate his commitment to enhancing business efficiency. His work continues to influence the industry positively.