Patents by Inventor Amit Garg

Amit Garg 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).

  • Patent number: 6044357
    Abstract: A computer-implemented method for merging product marketing control, and product inventory control, based on funds availability and funds allocation from the finance division. The computer-implemented method generates a segment-level consumer choice model for a plurality of competing brands, and aggregates that to a market-level consumer choice model. For each of a plurality of feasible marketing strategies, a brand-level demand is estimated, based on the consumer choice models. Based on a predetermined cost for each of the feasible marketing strategies, and on estimated revenues and estimated costs resulting from the corresponding estimated demand, a maximum profit yielding feasible strategy is determined.
    Type: Grant
    Filed: May 5, 1998
    Date of Patent: March 28, 2000
    Assignee: International Business Machines Corporation
    Inventor: Amit Garg
  • Patent number: 6035289
    Abstract: A computer-implemented method for double auction trade-building by matching, based on feasibility and price/cost heuristics, a plurality of electronically posted bid with a plurality of electronically posted ask records. A one-pass sequential trade building method selects ask records one at a time and sequentially inserts, in one pass, as many of the bid records as possible while maintaining feasibility criteria. A two pass sequential trade building method inserts the bid records in two stages, the first terminating when the trade becomes feasible and the second when no further bids can be inserted.
    Type: Grant
    Filed: July 14, 1998
    Date of Patent: March 7, 2000
    Assignee: International Business Machines Corporation
    Inventors: Yu-Li Chou, Amit Garg, James Tien-Cheng Yeh
  • Patent number: 6009407
    Abstract: A computer-implemented method for merging product marketing control and product inventory control, generates a segment-level consumer choice model for a plurality of competing brands, and aggregates that to a market-level consumer choice model, then generates a brand-level demand probability distribution function based on the choice models. A cost-minimized base stock level and a demand forecast for each of the plurality of brands is generated based on the market level model consumer choice model and on pricing, promotion, and other marketing data for each of the brands. An inventory control receives inventory subtraction data and inventory addition data and, using the cost-minimized base stock levels, generates orders to replenish the inventory.
    Type: Grant
    Filed: February 27, 1998
    Date of Patent: December 28, 1999
    Assignee: International Business Machines Corporation
    Inventor: Amit Garg