Lost sales detection and estimation using retail store data
AssigneeTruedemand Software, Inc.
InventorsLi Chen, Calvin Lee, Baskar Jayaraman, Ihsan Kurt, Juliette Aurisset, Karthik Mani, Jie Weng
Life of this patent
Estimating the term…
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AssigneeTruedemand Software, Inc.
InventorsLi Chen, Calvin Lee, Baskar Jayaraman, Ihsan Kurt, Juliette Aurisset, Karthik Mani, Jie Weng
Estimating the term…
Methods, systems, and apparatus, including computer program products, for detecting and estimating lost sales. A demand distribution for a product provided by a retail presence is determined. A probability of a lost sales occurrence is evaluated, including determining a predetermined time period and a probability of no sales over the predetermined time period. A determination of whether no sales have occurred over a time period corresponding in length to the predetermined time period is made. If the probability of no sales is below a threshold, an estimate of lost sales is determined.
A method comprising:
An apparatus comprising:
Dependencies are inferred from the claim text.