Abstract: Computer implemented system for estimating the demand dependent unit stockout cost bij=b(?ij) of an ith consumer item at a jth location of a single period inventory system as a function of its unit retail price pij, its unit production cost cij, its unit return cost gij and its mean demand ?ij, stockout cost application therefor, and method therefor.
Type:
Grant
Filed:
August 26, 2002
Date of Patent:
June 26, 2007
Assignee:
Demantra Ltd
Inventors:
Ofra Natan, Michael Aronowich, Sofia Mariamova, Henry Harel
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