Patents by Inventor William Henry Tan

William Henry Tan 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).

  • Forecasting group demand
    Publication number: 20040093175
    Abstract: The demand for a particular commodity (e.g. electricity) for a group of consumers is forecast uring measured data about the current consumption of the commodity by individual consumers as well as personal forecasts by the individual consumers as to what they think their future requirements of the commodity will be. The current consumption data, as well as the personal forecasts, are transmitted to a database via a computer network such as the Internet. The data and forecasts are then used to calculate the future demand of the commodity for a group of consumers. Thus, any one-off event or abnormal increase is catered for in calculating the future demand. The forecast demand is used by commodity traders, vendors, resellers, etc to decide how much of the commodity they need to purchase to satisfy their customers' demand. Personal forecasts can be entered by any time, thereby allowing the forecast demand to be updated constantly.
    Type: Application
    Filed: May 23, 2003
    Publication date: May 13, 2004
    Inventor: William Henry Tan
  • Optimizing decision making
    Publication number: 20020174053
    Abstract: A method of optimizing decisions relating to trading in a commodity, includes the following steps:
    Type: Application
    Filed: May 18, 2001
    Publication date: November 21, 2002
    Inventor: William Henry Tan