Patent ID: 7966254
Filing Date: 2011-06-21
Classification: G06Q

Abstract:
1. A method of determining a credit decision cutoff score for use in a credit decisioning process, the method comprising: determining a compartmental workflow model for the credit decisioning process; determining rate parameters based at least partially on a credit scorecard; determining, based at least partially on the rate parameters and the compartmental workflow model, an occupancy matrix; determining, using a computer and based at least partially on the occupancy matrix, a maximum profitability function and an activity based costing (ABC) ratio generating function, wherein the maximum profitability function defines a maximum profitability curve; determining, using a computer and based at least partially on the ABC ratio generating function and activity based costing of one or more activities in the compartmental workflow model, an ABC ratio; determining the credit decision cutoff score by locating the ABC ratio on the maximum profitability curve; and outputting the credit decision cutoff score using an output device.