System and method for determining revenue-based age
AssigneeSprint Communications Company L.P.
InventorMark Adams
Life of this patent
Estimating the term…
Abstract
A computer implemented system for determining average product revenue is provided. The system includes at least one data store that is operable to maintain revenue data for a plurality of products. The system also includes a processor programmed to calculate a first revenue-based age metric based on revenue from a first product over a period, an age factor for the first product, and revenue for a group of products over the period. The processor is further programmed to calculate a second revenue-based age metric based on revenue from a second product over the period, an age factor for the second product, and revenue for the group of products over the period. The first and second revenue-based age metrics may be used to compare the first and second products.
Claims16
A computer implemented system, comprising:
- at least one data storage device that maintains revenue data for a plurality of products;
- a processor programmed to calculate a first revenue-based age metric based on first revenue data from a first product over a period, a first age factor for the first product, and revenue data for a group of products over the period, the processor further programmed to calculate a second revenue-based age metric based on second revenue data from a second product over the period, a second age factor for the second product, and the revenue data for the group of products over the period;
- wherein the first revenue-based age metric and the second revenue-based age metric are each calculated based on the following equation:
- Revenue
-
-
- Based
-
-
- Age
-
-
- Metric
- =
- ProductRevenue
- *
- AgeFactor
- ∑
- 1
- n
- =
- NumberOfProducts
-
- ProductRevenue
- n
- ,
- wherein n is the number of products in the group of products, the sum of ProductRevenuen from 1 to n is the revenue data for the group of products over the period, ProductRevenue is the first revenue data for the first revenue-based age metric and the second revenue data for the second revenue-based age metric, and AgeFactor is the first age factor for the first revenue-based age metric and the second age factor for the second revenue-based age metric;
- and
- a reporting component configured to aggregate the revenue data of the group of products and a plurality of the first and the second revenue-based age metrics and display on a computer screen one or more trends in the aggregated the revenue data of the group of products and the aggregated plurality of the first and the second revenue-based age metrics.
A method for analysis based on a revenue-based age metric, comprising
- determining, by a processor executing instructions stored on a computer-readable medium, a product revenue based on revenues generated from a product over a period;
- determining, by a processor executing instructions stored on a computer-readable medium, a group revenue based on revenues generated from a group of products over the period by summing an assessed product revenue over the period of all products in the group of products;
- and
- calculating, by a processor executing instructions stored on a computer-readable medium, a revenue-based age metric associated with the product, the revenue-based age metric based on the product revenue of the product, the group revenue of the group of products, an age factor of the product, and the period, the revenue-based age metric used to analyze the product;
- wherein calculating a revenue-based age metric comprises:
- multiplying, by a processor executing instructions stored on a computer-readable medium, the product revenue of the product by the age factor of the product to produce a first result;
- and
- calculating the revenue-based age metric by dividing the first result by the group revenue.
Dependencies are inferred from the claim text.