Patents by Inventor John R. Abe

John R. Abe has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Continuous price optimization system, method and computer program product for satisfying certain business objectives
    Patent number: 7257561
    Abstract: A computer-implemented method, system and computer program product are provided for utilizing feedback in generating an optimal price. In use, an optimal price is generated. Next, a result of utilizing the optimal price is identified. A reaction may then be carried out based on the result.
    Type: Grant
    Filed: August 19, 2003
    Date of Patent: August 14, 2007
    Inventor: John R. Abe
  • Method for simulating an optimized supplier in a market
    Patent number: 7209904
    Abstract: A computer-implemented method, system and computer program product are provided for simulating two or more suppliers in a market and forecasting their financial performance, with one supplier using optimization that utilizes feedback in generating an optimal price. In use, an optimal price is generated for the designated supplier. All suppliers compete in a simulated market place. A result of utilizing the optimal price is identified for the supplier with optimization and a reaction may then be carried out based on that result. The suppliers compete in a simulated market place again, and their financial performance recorded.
    Type: Grant
    Filed: August 28, 2003
    Date of Patent: April 24, 2007
    Inventor: John R. Abe
  • System, method and computer program product for the optimization of price to satisfy certain business objectives
    Patent number: 7191157
    Abstract: A computer-implemented method, system and computer program product are provided for determining an optimal price. First, a plurality of parameters is received including, but not limited to a plurality of prices associated with a price-frequency mathematical distribution, a number of competitors, a business objective, and a cost associated with a good or service. Thereafter, an optimal price is calculated based on the input parameters.
    Type: Grant
    Filed: August 19, 2003
    Date of Patent: March 13, 2007
    Inventor: John R. Abe