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. 23, 2013
Filed:
May. 24, 2007
Kevin C. Furman, Glen Gardner, NJ (US);
Gary R. Kocis, Vienna, VA (US);
Michael K. Mcdonald, Burke, VA (US);
Philip H. Warrick, Oakton, VA (US);
Marco A. Duran, Flemington, NJ (US);
Kevin C. Furman, Glen Gardner, NJ (US);
Gary R. Kocis, Vienna, VA (US);
Michael K. McDonald, Burke, VA (US);
Philip H. Warrick, Oakton, VA (US);
Marco A. Duran, Flemington, NJ (US);
ExxonMobil Research and Engineering Company, Annandale, NJ (US);
Abstract
An optimization system for transportation scheduling and inventory management of a bulk product from supply locations to demand locations is provided. The system has a mathematical model containing mathematical programming equations. In one embodiment, the objective function of the mathematical model is to minimize a cost basis of the product transported. The system also has a database system for data input that interfaces with the mathematical model. The last component of the system is a mathematical optimization solver that solves the equations provided by the mathematical model after the mathematical model receives data from the database system. As a result, the optimization system provides optimized or simulated results for the input data.