Patent №
US 7,660,734
Granted
2010-02-09
Filed 2001
Owner
DEMANDTEC INC.
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
09849783
Methods and apparatus for creating a promotional event calendar are provided. A sales model and a cost model are created The value of offers and promotional events using the sales model and cost model is determined. Combinations of offers and promotional events based on determined value are selected to create a promotion event calendar subject to the conditions from at least one store. The apparatus includes an econometric engine for modeling sales as a function of price to create a sales model, a financial model engine for modeling costs to create a cost model, a promotional engine coupled to the econometric engine, and financial model engine to receive input from the econometric engine and financial model engine. The promotional engine analyzes a plurality of offers and a plurality of promotional events to optimally match offers with promotional events to create a promotional event calendar.
AI classification
Ownership
DEMANDTEC INC.
assignment · 119910016
Assignors
NEAL, MICHAEL, VENKATRAMAN, KRISHNA, PARKIN, ROB, VALENTINE, SUZANNE, DELURGIO, PHIL, LEE, HAU
On an employer assignment, the assignors are typically the inventors.