METHOD FOR STRATEGIC COMMODITY MANAGEMENT THROUGH MASS CUSTOMIZATION

Patent №

US 7,844,475

Granted

2010-11-30

Filed 2001

Owner

MAKAR ENTERPRISES, INC.

Lab

AI components

4

kr · planning · evo · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

09777761

The present invention includes a new system and method for the construction of agricultural marketing plans for agricultural producers. The present invention further includes a system and method for mass customization and delivery of the plans to producers and other interested parties, including electronic delivery of the plans and associated marketing information on an individualized basis. One aspect of the present invention involves calculating an optimized crop insurance revenue plan. Another aspect of the present invention relates to the quantification of price risk and the quantification of financial risk and the combination of these different types of risks to determine an overall risk for an agricultural operation.

AI classification

Planning1.00
Knowledge representation0.96
AI hardware0.95
Evolutionary computation0.58
Machine learning0.00
Vision0.00
Natural language0.00
Speech0.00

Ownership

MAKAR ENTERPRISES, INC.

assignment · 147020600

Assignors

MURPHY, GERALD B., MURPHY, GERALD B.

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

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