Jeremy Kalas

Title: Jeremy Kalas: Innovator in Computerized Promotion Price Scheduling

Introduction

Jeremy Kalas is an accomplished inventor based in Huntington, NY (US). He has made significant contributions to the field of computerized promotion price scheduling. His innovative approach utilizes a multiple product demand model to optimize pricing strategies for various items.

Latest Patents

Kalas holds a patent for a system titled "Computerized promotion price scheduling utilizing multiple product demand model." This patent describes systems, methods, and other embodiments associated with determining a promotion price schedule for each item in a group. In one embodiment, the method includes computing an item coefficient that corresponds to a change in a value of an objective function when the item is priced at the promotion price. The objective function is based on a multiple product demand model. An item coefficient is computed for each item, each time period in the price schedule, and each promotion price in a price ladder for the item. An approximate objective function is formulated that includes products of item coefficients and binary decision variables. The item coefficients, the approximate objective function, and constraints are provided to an optimizer that determines values of the decision variables that maximize the approximate objective function. A promotion price schedule is created for each item based on values of the decision variables.

Career Highlights

Throughout his career, Jeremy Kalas has worked with notable organizations such as Oracle International Corporation and the Massachusetts Institute of Technology. His experience in these prestigious institutions has allowed him to refine his skills and contribute to significant advancements in technology.

Collaborations

Kalas has collaborated with talented individuals in his field, including Maxime Cohen and Kiran V Panchamgam. These partnerships have fostered innovation and have led to the development of impactful solutions in pricing strategies.

Conclusion

Jeremy Kalas is a notable inventor whose work in computerized promotion price scheduling has paved the way for more efficient pricing strategies in various industries. His contributions continue to influence the field and inspire future innovations.