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:
Jul. 29, 2008
Filed:
Mar. 18, 2002
Michael Aronowich, Haifa, IL;
Sofia Mariamova, Ashdod, IL;
Ofra Natan, Ramat Gan, IL;
Henry Harel, Tel Aviv, IL;
Michael Aronowich, Haifa, IL;
Sofia Mariamova, Ashdod, IL;
Ofra Natan, Ramat Gan, IL;
Henry Harel, Tel Aviv, IL;
Demantra Ltd., Ramat Gan, IL;
Abstract
Computer implemented method and system for improving demand forecasting by estimating the hidden demand at an occurrence of a sellout using a single parameter probability distribution with a parameter assuming a forecasted mean demand value derived from a statistical seasonal causal time series forecasting model of count data on a new data set of sales values excluding truncated sales values at occurrences of sellouts. The present invention also provides for new more accurate performance evaluation techniques together with new performance metrics for evaluating an actual draw and for comparing a recommended draw to an actual draw.