CONDITIONAL PURCHASE OFFER MANAGEMENT SYSTEM

Patent №

US 6,085,169

Granted

2000-07-04

Filed 1997

Owner

WALKER ASSET MANAGEMENT, LIMITED PARTNERSHIP

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

08889319

A conditional purchase offer (CPO) management system is disclosed for receiving CPOs from one or more customers, such as airline passengers, and for evaluating the received CPOs against a number of CPO rules defined by a plurality of sellers, such as airlines, to determine whether any seller is willing to accept a given CPO. A CPO is a binding offer containing one or more conditions submitted by a customer for purchase of an item, such as airline travel, at a customer-definied price. A CPO rule is a set of restrictions defined by a given seller, such as an airline, to define a combination of restrictions for which the seller is willing to accept a predefined price. The CPO rules may be securely stored by one or more servers. The CPO management system permits a seller to correct for forecasting errors, if necessary, or other competitive forces which have produced excess capacity, by providing inventory for sale to CPO customers.

PlanningG06Q 50/14G06Q 10/02G06Q 10/025G06Q 10/063G06Q 20/00G06Q 20/02G06Q 20/04G06Q 20/085+23 more

AI classification

Planning0.94
Natural language0.08
Knowledge representation0.07
AI hardware0.01
Machine learning0.00
Speech0.00
Vision0.00
Evolutionary computation0.00

Ownership

WALKER ASSET MANAGEMENT, LIMITED PARTNERSHIP

assignment · 86340649

Assignors

WALKER, JAY S., SCHNEIER, BRUCE, JORASCH, JAMES A., CASE, SCOTT

On an employer assignment, the assignors are typically the inventors.

From the same owner

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