SCALING OFFERS FOR ELEMENTAL BIDDABLE RESOURCES (EBRs)
AssigneeInternational Business Machines Corporation
InventorsGregory J. Boss, Christopher J. Dawson, Rick A. Hamilton, II, Timothy M. Waters
Life of this patent
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Abstract
This invention describes the use of a Chip Conversion Factor (CCF) to scale offers for EBRs. The CCFs are a multiplier that will be applied to offers received for the EBRs. In general, the CCF can be computed based on any number of factors such as the cost of the EBRs, the worth of an EBR to a potential buyer (e.g., at a particular time), a customer status (e.g., preferred customer) of a potential buyer, etc. The invention helps to take into account any differences between EBRs that meet a potential buyer's requirements but that may affect the value of the EBRs relative to one another.
Claims22
A method for scaling offers for elemental biddable resources (EBRs), comprising:
- determining a value of using a first EBR and a value of using a second EBR, the first EBR and the second EBR sharing at least one characteristic desired by a potential buyer;
- determining a first chip conversion factor (CCF) for the first EBR and a second CCF for the second EBR based on the value of using the first EBR as compared to the value of using the second EBR;
- determining a first scaled offer for the first EBR by applying the first CCF to an offer for an EBR having the at least one characteristic desired by the potential buyer;
- and
- determining a second scaled offer for the second EBR by applying the second CCF to the offer for an EBR having the at least one characteristic desired by the potential buyer.
A computer-implemented system for scaling offers for elemental biddable resources (EBRs), comprising:
- a module for determining a value of using a first EBR and a value of using a second EBR, the first EBR and the second EBR sharing at least one characteristic desired by a potential buyer;
- a module for determining a first chip conversion factor (CCF) for the first EBR and a second CCF for the second EBR based on the value of using the first EBR as compared to the value of using the second EBR;
- and
- a module for determining a first scaled offer for the first EBR by applying the first CCF to an offer for an EBR having the at least one characteristic desired by the potential buyer, and for determining a second scaled offer for the second EBR by applying the second CCF to the offer.
A program product stored on a computer readable medium for scaling offers for elemental biddable resources (EBRs), the computer readable medium comprising program code for causing a computer system to:
- determine a value of using a first EBR and a value of using a second EBR, the first EBR and the second EBR sharing at least one characteristic desired by a potential buyer;
- determine a first chip conversion factor (CCF) for the first EBR and a second CCF for the second EBR based on the value of using the first EBR as compared to the value of using the second EBR;
- determine a first scaled offer for the first EBR by applying the first CCF to an offer for an EBR having the at least one characteristic desired by the potential buyer;
- and
- determine a second scaled offer for the second EBR by applying the second CCF to the offer.
A method for deploying a system for scaling offers for elemental biddable resources (EBRs), comprising:
- providing a computer infrastructure being operable to:
- determine a value of using a first EBR and a value of using a second EBR, the first EBR and the second EBR sharing at least one characteristic desired by a potential buyer;
- determine a first chip conversion factor (CCF) for the first EBR and a second CCF for the second EBR based on the value of using the first EBR as compared to the value of using the second EBR;
- determine a first scaled offer for the first EBR by applying the first CCF to an offer for an EBR having the at least one characteristic desired by the potential buyer;
- and
- determine a second scaled offer for the second EBR by applying the second CCF to the offer.
Dependencies are inferred from the claim text.