Patent ID: 6826538
Filing Date: 2004-11-30
Classification: G06Q

Abstract:
A computer implemented method for calculating a supply of a plurality of components for one or more products, comprising:repeating the following until a set of new marginal values converges: initializing a current marginal value for each component of the plurality of components; repeating the following for each component of the plurality of components: computing an average component price for a component according to the current marginal values; for each product associated with the component, converting a product demand for the product into a component demand for the component; computing a plurality of correlation coefficients according to the product demands and the component demands; obtaining an expected mean and an expected standard deviation of the component demand according to the correlation coefficients; obtaining a plurality of parameter values corresponding to the expected mean and the expected standard deviation of the component demand; and computing a new marginal value for the component according to the average component price and the parameter values; and calculating the supply of the components for the products according to the set of new marginal values.