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. 01, 2023
Filed:
Aug. 06, 2019
Walmart Apollo, Llc, Bentonville, AR (US);
Somedip Karmakar, Kolkata, IN;
Ashish Gupta, Karnataka, IN;
Walmart Apollo, LLC, Bentonville, AR (US);
Abstract
A method for computer modeling a retail environment includes: calculating a space elasticity for an item of an item category in a retail store, using a constrained linear regression model; calculating a cross-space elasticity for the item of the item category in the retail store, using a multiple regression model; generating a number for horizontal facings for the item of the item category in the retail store, using a non-linear multiple-constraint mixed integer optimization model, based on the space elasticity of the item and the cross-space elasticity of the item; and generating an electronic planogram of the item category for the retail store, based on the number of the horizontal facings of the item.