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:
Apr. 22, 2008
Filed:
Dec. 08, 2000
Robert Baseman, Brewster, NY (US);
Thomas R. Ervolina, Hopewell Junction, NY (US);
William Grey, Millwood, NY (US);
Kaan Katircioglu, Peeskill, NY (US);
Robert Baseman, Brewster, NY (US);
Thomas R. Ervolina, Hopewell Junction, NY (US);
William Grey, Millwood, NY (US);
Kaan Katircioglu, Peeskill, NY (US);
International Business Machines Corporation, Armonk, NY (US);
Abstract
A value-based framework is used for managing inventory. This framework allows firms to set risk and return targets for inventory related capital investments and operational management. A set of possible inventory investments is generated, and a value of possible inventory investments is then computed. The value of possible inventory investments is computed by first decomposing cash flows associated with the inventory investment into a combination of cash flows that can be represented by a portfolio comprised of long and short positions in an underlying asset. Then a valuation methodology is used to compute the value of each long and short position in the portfolio. The values of each long and short position in the portfolio is summed to determine a value of the portfolio. The value of the inventory investment is set equal to the value of the portfolio. An inventory investment with a best value is selected.