The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 03, 2020
Filed:
Jun. 25, 2018
Golfline, Inc., Indialantic, FL (US);
Sean Fitzgerald, Indialantic, FL (US);
Martin Dougherty, Melbourne, FL (US);
Brendan Fitzgerald, Indialantic, FL (US);
Other;
Abstract
A method for evaluating bids for the purchase of inventory items to optimize bid-generated revenue. The method comprises receiving a bid for an inventory item, the bid comprising a bid price, a specific inventory item that is to be purchased, and a number of inventory items to be purchased. The bid is input into a machine learning algorithm as are features associated with the inventory item and information associated with the bid. The machine learning algorithm analyzes the bid and generates an output to accept or decline the bid. Responsive to that output the bidder is advised whether the bid was accepted or declined.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile