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:
Feb. 11, 2025
Filed:
Nov. 24, 2021
Coupang Corp., Seoul, KR;
Hernan Awad Amar, Seattle, WA (US);
YoungHoon Jeong, Seoul, KR;
Je Kim, Bellevue, WA (US);
SeungRok Kim, Seoul, KR;
KyuHoon Lim, Seoul, KR;
Rajesh Medidhi, Seoul, KR;
Smita Mohan, Seoul, KR;
COUPANG CORP., Seoul, KR;
Abstract
Systems and methods, and computer readable media for target inventory estimation of a geographical region are disclosed. The method receives an item identifier associated with an item for target inventory estimation. The method may access the demand share estimate of the item in the geographical region and the mean and variance estimates of the demand share estimate in the geographical region. The method may then access overall demand forecast data for the item and calculate the mean and variance estimates of the demand forecast. The method may use the generated mean and variance estimates and demand share estimate of the geographical region to determine the target inventory estimation of the region.