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:
Oct. 11, 2011
Filed:
Jun. 25, 2008
Richard Boedi, Waedenswil, CH;
Peter Korevaar, Meckesheim, DE;
Ulrich Schimpel, Waedenswil, CH;
International Business Machines Corporation, Armonk, NY (US);
Abstract
The present invention relates to a method, computer system and computer program for stock keeping. An embodiment of the invention determines forecast values of quantities to be consumed of a stock keeping unit for at least two different forecast time spans depending on a historical consumption data. The invention further determines order values of order quantities for each forecast value depending on a respective forecast value, stock keeping costs and ordering costs. The invention further determines an associated order quantity time span for each order value. The invention further determines a respective pair of forecast value and order value with the least deviation between forecast time span and order quantity time span from forecast values, forecast values respective forecast time spans, the order values and the order values respectively associated with order quantity time spans. The invention further processes the determined pair of forecast value and determined order value.