Patents by Inventor Stephen Forret

Stephen Forret 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).

  • Publication number: 20060085299
    Abstract: Methods and systems consistent with the present invention facilitate inventory management by determining an order quantity and a safety stock based on the order quantity that provide a minimum total cost, while satisfying a service level over an entire demand period for a good or service. In one embodiment, a method includes determining a first order quantity, determining a search direction, and determining a second order quantity and a safety stock based on the first order quantity and the search direction, such that the second order quantity and the safety stock provide a minimum total cost.
    Type: Application
    Filed: October 13, 2005
    Publication date: April 20, 2006
    Inventors: Michael Goll, Kai Mueller, Scott Taylor, Carole Kamp, Stephen Forret, Gary Vasi