This inventor holds 4 USPTO granted patents and 1 published patent application. Top assignees: Reflex Systems LLC, Other. Active years: 2011-2014.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Location History:
- Boxboro, MA (US) (2011 - 2012)
- Acton, MA (US) (2014)
Company Filing History:
1 out of 2 
3 out of 834,708 Years Active: 2011-2014
Title: Subhash C Agrawal: Innovator in Cash Demand Forecasting
Introduction
Subhash C Agrawal is a notable inventor based in Boxborough, MA (US). He has made significant contributions to the field of cash demand forecasting, particularly for automated teller machines (ATMs) and other cash dispensing devices. With a total of 4 patents to his name, Agrawal's work has had a substantial impact on the efficiency of cash management systems.
Latest Patents
Agrawal's latest patents focus on methods and apparatuses for forecasting cash demand and load schedules for money dispensers. His innovative approach allows for the prediction of cash demand for individual days, weeks, and multi-day load periods. In one embodiment, he computes an expected value of withdrawal for specific periods, along with an upper limit on expected withdrawals based on a given confidence level. This technique aids in creating daily and multi-day withdrawal forecasts for ATMs. Furthermore, the forecasts are utilized to determine the optimum load amount for a given load period, taking into account various parameters such as courier costs, interest rates, and desired confidence levels. The system also monitors cash levels in the ATM during the load period to facilitate corrective actions if actual withdrawals deviate from forecasts.
Career Highlights
Throughout his career, Subhash C Agrawal has worked with various companies, including Reflex Systems LLC. His expertise in cash demand forecasting has positioned him as a key figure in the development of efficient cash management solutions.
Collaborations
Agrawal has collaborated with notable professionals in his field, including Jonathan Hood Young and Scott M Wimer. Their combined efforts have contributed to advancements in cash forecasting technologies.
Conclusion
Subhash C Agrawal's innovative work in cash demand forecasting has significantly enhanced the operational efficiency of ATMs and cash dispensing devices. His contributions continue to influence the industry and improve cash management practices.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile