Patents by Inventor Fred E. Sommers

Fred E. Sommers 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).

  • Methods and apparatus for assessing operational process quality and risk
    Patent number: 8036928
    Abstract: Methods and apparatus for assessing operational process quality and risk of an entity or a group of entities. The present invention enables a user to effectively compare one or more events, representing what actually happened, with a reference, which represents ideal performance in terms of operational process quality and risk, and express the corresponding results in quantitative terms. The present invention is capable of presenting results in a form and with sufficient rapidity that a human decision-maker is able to timely observe conditions which represent unacceptable quality or excessive risk and respond appropriately.
    Type: Grant
    Filed: May 19, 2009
    Date of Patent: October 11, 2011
    Inventors: Robert A. Fawls, Fred E. Sommers
  • METHODS AND APPARATUS FOR ASSESSING OPERATIONAL PROCESS QUALITY AND RISK
    Publication number: 20090292570
    Abstract: Methods and apparatus for assessing operational process quality and risk of an entity or a group of entities. The present invention enables a user to effectively compare one or more events, representing what actually happened, with a reference, which represents ideal performance in terms of operational process quality and risk, and express the corresponding results in quantitative terms. The present invention is capable of presenting results in a form and with sufficient rapidity that a human decision-maker is able to timely observe conditions which represent unacceptable quality or excessive risk and respond appropriately.
    Type: Application
    Filed: May 19, 2009
    Publication date: November 26, 2009
    Inventors: Robert A. Fawls, Fred E. Sommers
  • System and method for assessing operational process risk and quality by calculating operational value at risk
    Patent number: 7571109
    Abstract: Methods and apparatus for assessing operational process quality and risk of an entity or a group of entities. The present invention enables a user to effectively compare one or more events, representing what actually happened, with a reference, which represents ideal performance in terms of operational process quality and risk, and express the corresponding results in quantitative terms. The present invention is capable of presenting results in a form and with sufficient rapidity that a human decision-maker is able to timely observe conditions which represent unacceptable quality or excessive risk and respond appropriately.
    Type: Grant
    Filed: July 14, 2006
    Date of Patent: August 4, 2009
    Inventors: Robert A. Fawls, Fred E. Sommers
  • Methods and apparatus for assessing operational process quality and risk
    Publication number: 20080015920
    Abstract: Methods and apparatus for assessing operational process quality and risk of an entity or a group of entities. The present invention enables a user to effectively compare one or more events, representing what actually happened, with a reference, which represents ideal performance in terms of operational process quality and risk, and express the corresponding results in quantitative terms. The present invention is capable of presenting results in a form and with sufficient rapidity that a human decision-maker is able to timely observe conditions which represent unacceptable quality or excessive risk and respond appropriately.
    Type: Application
    Filed: July 14, 2006
    Publication date: January 17, 2008
    Inventors: Robert A. Fawls, Fred E. Sommers