Method and system for determining buffer inventory size

Patent №

US 8,433,592

Granted

2013-04-30

Filed 2005

Owner

AVRAHAM Y. GOLDRATT INSTITUTE, A LIMITED PARTNERSHIP

+2 more

Lab

AI components

3

kr · planning · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

11229234

A method for determining an optimum buffer inventory size by generating a time-based demand pattern that is based on processing discreet demand data through a sliding time window and summing the demand quantity in that time window, and repeating that process as the time window then moves through the time-line of discrete demand, thereby establishing a pattern of cumulative demand in windows-of-time along a time-line. The process moves along the demand time-line from one demand point to the next demand point, summing up all of the demand in a window of time that corresponds to the Time-to-Reliably Replenish (TRR). The method plots each summation of demand for its corresponding window of time (TRR) on a time-line at a point in time coinciding with the first demand data element in each summation. The resulting buffer size is based on the conversion of discrete demand data into time-based demand patterns.

Knowledge representationPlanningAI hardwareG06Q 30/0202G06Q 10/06315G06Q 10/087G06Q 30/0201

AI classification

Planning0.99
AI hardware0.91
Knowledge representation0.51
Evolutionary computation0.21
Machine learning0.04
Vision0.01
Natural language0.00
Speech0.00

Ownership

AVRAHAM Y. GOLDRATT INSTITUTE, A LIMITED PARTNERSHIP

assignment · 226300589

AVRAHAM Y. GOLDRATT INSTITUTE, LP

assignment · 302900684

ECK, LAURIN P

assignment · 488670741

Assignors

ECK, LAURIN P., MR.

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

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