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:
Aug. 03, 2021
Filed:
Aug. 30, 2018
Oracle International Corporation, Redwood Shores, CA (US);
Catalin Popescu, Atlanta, GA (US);
Brent Li, Lexington, MA (US);
Lawrence Leo Mesquita, Dunwoody, GA (US);
Oracle International Corporation, Redwood Shores, CA (US);
Abstract
Embodiments select demand forecast parameters for a demand model for one or more items, receive historical sales data for the items on a per store basis and receive a plurality of seasonality curves for a first item. Embodiments determine a repeatability of each of the seasonality curves using a correlation of each seasonality curve over year to year demand and retain a first seasonality curve based on the repeatability. Embodiments determine a smoothness of the first seasonality curve and determine a sparsity of the first seasonality curve. Based on the determined repeatability, smoothness and sparsity, embodiments determine that the first seasonality curve is reliable and repeat the receiving the plurality of seasonality curves, determining the repeatability, determining the smoothness, and determining the sparsity to determine a plurality of reliable seasonality curves. Embodiments use the demand model and the reliable seasonality curves and determine a demand forecast for the first item.
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