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. 09, 2022
Filed:
Oct. 23, 2018
Oracle International Corporation, Redwood Shores, CA (US);
Su-Ming Wu, Waltham, MA (US);
Andrew Vakhutinsky, Sharon, MA (US);
Oracle International Corporation, Redwood Shores, CA (US);
Abstract
Systems, methods, and other embodiments associated with controlling inventory depletion by offering different prices to different customers are described. In one embodiment, a method includes establishing first and second allocations of fulfillment centers to different geographic regions during a markdown phase. Different price schedules are determined for the orders to be fulfilled during the markdown phase based on the first and second allocations. A predicted profit is generated for the orders fulfilled under each of the different price schedules. A price schedule corresponding to the first allocation is selected as resulting in a greater predicted profit than another one of the different price schedules. A sale terminal is controlled to enact the selected price schedule during the markdown phase to cause fulfillment of the incoming orders according to the first allocation of the fulfillment centers.