Patent №
US 7,895,067
Granted
2011-02-22
Filed 2005
Owner
ORACLE INTERNATIONAL CORPORATION
Lab
—
AI components
2
ml · planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
11297796
In one such aspect, the invention provides a method for optimizing merchandise profitability that includes the step of modeling gross margin as a function of product breadth and depth for each of at least one class of goods retailed by each of at least one retail site in a group of sites of the retail enterprise, and as a function of the expected discount price for each such class of goods at each such retail site. The method further includes maximizing the gross margin so modeled to the enterprise and, from that maximization, determining for at least one such retail site an optimal breadth, depth, and/or discount price, for at least one such class of goods retailed by it.
AI classification
Ownership
ORACLE INTERNATIONAL CORPORATION
assignment · 177070447