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:
May. 26, 2026
Filed:
Feb. 22, 2021
Blue Yonder Group, Inc., Scottsdale, AZ (US);
Felix Christopher Wick, Thaleischweiler-Fröschen, DE;
Trapti Singhal, Bangalore, IN;
Blue Yonder Group, Inc., Scottsdale, AZ (US);
Abstract
A system and method are disclosed to train machine learning models, generate predictions, and evaluate the predictions as individual probability density functions. Embodiments include a computer comprising a processor and memory and configured to train a first machine learning model to predict a mean demand of one or more items. Embodiments train a second machine learning model to predict a variance associated with the predicted mean demand. Embodiments use the first and second machine learning models and received current sales data to predict a negative binomial variance of demand of the one or more items, comprising a confidence interval specifying a stocking level for the one or more items that will satisfy a defined number of estimated outcomes. Embodiments generate an individual probability density function using the predicted mean demand of one or more items and the predicted negative binomial variance of demand, and evaluate the individual probability density function.