METHOD AND SYSTEM FOR PREDICTION OF MATERIALIZATION OF A GROUP RESERVATION

Patent №

US 7,533,032

Granted

2009-05-12

Filed 2000

Owner

INTERNATIONAL BUSINESS MACHINES CORPORATION

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

09628398

A system and method for predicting the likelihood of materialization of pending group reservations for the purchase of perishable commodities is disclosed. Details pertaining to perishable commodities for which group reservations for purchase have been made in the past are gathered and analyzed, as are details pertaining to perishable commodities for which group reservations for purchase are currently pending. Based upon the analysis, the likelihood that a particular pending reservation will actually be purchased or “materialize” is determined and utilized for yield management.

AI classification

Planning0.98
Machine learning0.09
Natural language0.03
Evolutionary computation0.02
Knowledge representation0.01
AI hardware0.00
Speech0.00
Vision0.00

Ownership

INTERNATIONAL BUSINESS MACHINES CORPORATION

assignment · 110200724

Assignors

SELBY, DAVID A.

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

From the same owner

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