Lina C Velasquez

Title: Innovations by Lina C Velasquez

Introduction

Lina C Velasquez is a notable inventor based in San Carlos, CA (US). She has made significant contributions to the field of business operations through her innovative patents. With a total of 4 patents, her work focuses on improving efficiency in absorption costing mechanisms.

Latest Patents

One of her latest patents is titled "Method and system for determining absorption costing sequences for items in a business operation." This invention provides an efficient mechanism for sequencing items for absorption costing, which enhances the efficiency of subsequent costing processes. The method involves creating an initial hierarchy from a bill of materials (BOM) and performing an iterative method to modify this hierarchy for optimal positioning of items.

Another significant patent is "Method and system for determining absorption costs for transfers between a plurality of cost groups." This invention identifies transferable items and defines a processing sequence for cost group sets. An iterative process is then employed to determine the costs associated with transfers, streamlining the overall costing process.

Career Highlights

Lina C Velasquez is currently employed at Oracle International Corporation, where she continues to innovate and contribute to advancements in business operations. Her expertise in absorption costing has positioned her as a valuable asset in her field.

Collaborations

Lina has collaborated with notable coworkers such as Veeresha Javli and Vinayak Kamath, further enhancing her work through teamwork and shared expertise.

Conclusion

Lina C Velasquez exemplifies the spirit of innovation through her patents that focus on improving business operations. Her contributions are significant in the realm of absorption costing, showcasing her dedication to enhancing efficiency in this area.