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. 10, 2020
Filed:
May. 10, 2016
International Business Machines Corporation, Armonk, NY (US);
Ajay A. Deshpande, White Plains, NY (US);
Arun Hampapur, Norwalk, CT (US);
Ali Koc, White Plains, NY (US);
Yingjie Li, Chappaqua, NY (US);
Xuan Liu, Yorktown Heights, NY (US);
Brian L. Quanz, Yorktown Heights, NY (US);
Dahai Xing, White Plains, NY (US);
International Business Machines Corporation, Armonk, NY (US);
Abstract
A method and system determining an inventory threshold for offering for online sale or an inventory threshold for sourcing in node order assignment. The method includes receiving by a computer processor of a probabilistic cancellation module an electronic record of a current order or item. The program instructions executed by the processor of the probabilistic cancellation module allows the module to retrieve historical and current data of each node from a plurality of nodes. The method then includes automatically converting the retrieved historical data into a probability of cancellation of an item comprising the one or more items from the plurality of items. Further, the method includes identifying an inventory threshold for offering of an item or an inventory threshold for sourcing of one or more items of the current order, where the probability of item cancellation is lower than a predetermined order cancelation rate of the one or more items from the plurality of items.