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:
Jan. 29, 2013
Filed:
Apr. 25, 2011
Daniel P. Connors, Pleasant Valley, NY (US);
Markus Ettl, Yorktown Heights, NY (US);
David D. Yao, Yorktown Heights, NY (US);
Zhengliang Xue, Yorktown Heights, NY (US);
Daniel P. Connors, Pleasant Valley, NY (US);
Markus Ettl, Yorktown Heights, NY (US);
David D. Yao, Yorktown Heights, NY (US);
Zhengliang Xue, Yorktown Heights, NY (US);
International Business Machines Corporation, Armonk, NY (US);
Abstract
Freshness inventory control problem may be formulated as a stochastic dynamic program. In one aspect, a stochastic dynamic programming formulation takes as input inventory status, stochastic demand forecast and cost information associated with on-hand inventory. The stochastic dynamic programming formulation is maximized to determine order quantity and depletion quantity of the product per period.