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Computer-implemented product valuation tool

  • US 7,660,736 B2
  • Filed: 09/20/2006
  • Issued: 02/09/2010
  • Est. Priority Date: 11/19/1997
  • Status: Expired due to Fees
First Claim
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1. A computer-implemented method of pricing an order for a product based on varying lead times during a specified time period, comprising:

  • calculating, by a computer system, a set of values for a product over a range of available supplies of the product;

    determining, by the computer system, a size Q of the order;

    selecting, by the computer system, a set of order points during a time horizon, each order point having a lead time LT to the next order point;

    for a first order point, calculating, by the computer system, an incremental production quantity as Q/LT, and calculating, by the computer system, revenue displaced by the incremental production quantity using the product values;

    repeating the preceding act for each other order point;

    calculating, by the computer system, an average displaced revenue; and

    calculating, by the computer system, the price for the order, using the results of the preceding act.

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