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.
AI classification
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.