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. 30, 2022
Filed:
Nov. 27, 2018
Walmart Apollo, Llc, Bentonville, AR (US);
Ravi Sastry Ganti Mahapatruni, San Mateo, CA (US);
Matyas Attila Sustik, San Francisco, CA (US);
Quoc Tan Tran, Los Altos, CA (US);
Brian Thomas Seaman, San Francisco, CA (US);
WALMART APOLLO, LLC, Bentonville, AR (US);
Abstract
Systems and methods can include one or more processing modules and one or more non-transitory storage modules storing computing instructions configured to run on the one or more processing modules and perform acts of: estimating demand for one or more items in an electronic basket of items using one or more different demand models; estimating elasticity for the one or more items in the electronic basket of items using a multi-armed bandit model; determining a price using the demand and the elasticity; and facilitating display of the price on a video screen of a device. Other embodiments are disclosed herein.