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Activity based cost tracking systems

  • US 5,732,401 A
  • Filed: 03/29/1996
  • Issued: 03/24/1998
  • Est. Priority Date: 03/29/1996
  • Status: Expired due to Fees
First Claim
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1. An activity-based cost tracking system for tracking the costs of an activity undertaken within a defined space by a person or an object having an assignable cost, comprisinga first transponder attached to a person or an object participating in said activity, said first transponder providing a unique identifying code,a transponder reader associated with said defined space reading said first transponder and receiving said code to identify said first transponder,a database associating said code with said person or object to which said first transponder is attached, and assigning a cost to said person or object, anda cost computer responsive to said transponder reader and said database for identifying said person or object to which said first transponder is attached, identifying an activity being undertaken by said person or object, from a plurality of activities that might be undertaken in said defined space, determining the time during which said person or object is occupied in said activity, and computing therefrom a cost of said activity undertaken by said person or object within said defined space.

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