Patent ID: 11875371
Assignee: nan
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A non-transitory computer-readable medium storing instructions executable by at least one electronic processor to perform a set of functions, the set of functions comprising:
receiving historical fuel pricesfor one or more fuel stores and one or more of competitor's fuel stores, through a network, from one or more sources, the historical fuel prices including a fuel price for each day of a set of days within a time period for each of the one or more fuel stores and one or more of competitors' fuel stores, wherein the historical fuel prices of the one or more competitors' fuel stores is received from one or more third-party data services;
receiving historical fuel volume data for the set of days for the one or more fuel stores;
generating a fuel price forecast for the one or more fuel stores, wherein the fuel price forecasts are output of a forecast model including one or more recommended fuel prices for the one on or more fuel stores, wherein the forecast model is processed through machine learning trained for correlation with one or more of the following inputs for generation of the fuel price forecast: store number, date, day of week, week, month, holiday, store price, lowest competitor price, competitor reaction to price change, average competitor price, highest competitor price, closest competitor prices, differentials with competitors prices, actual costs, actual margin, actual cost change, volume average, replacement margin, replacement cost, replacement cost change, last year volume, and volume;
outputting the fuel price forecast for the one or more fuel stores;
receiving a selection of a fuel price based on one of the recommended fuel prices in the fuel price forecast; and
transmitting, through a network, to the one or more fuel stores, data for automatically changing one or more of a machine-controlled fuel sign and a point of sale system at the one or more fuel stores the selected fuel price.