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System and method for evaluating maintenance costs of products

  • US 7,742,938 B2
  • Filed: 08/28/2002
  • Issued: 06/22/2010
  • Est. Priority Date: 08/30/2001
  • Status: Expired due to Fees
First Claim
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1. A method for use in a data processing system to learn behavior of maintenance costs of products and determine maintenance costs of products, using a learning database containing product characteristics, maintenance agreement conditions and actual historical maintenance costs associated therewith, comprising the steps of:

  • receiving by the data processing system a selection of at least one product characteristic stored in said learning database;

    determining by the data processing system, from said actual historical maintenance costs in the learning database, first maintenance cost estimations C0(i) associated with each modality i of said at least one product characteristic and building a first table storing the modalities and said first maintenance cost estimations associated therewith according to the equation

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