Patent ID: 7840449
Filing Date: 2010-11-23
Classification: G06Q

Abstract:
1. A method of managing inventory, the method comprising: selecting an analysis duration and at least one analysis point (AP) within the analysis duration; determining an excess inventory with a manufacturing limitation and an excess inventory without the manufacturing limitation for each analysis point using at least one computer; determining a trapped inventory (OT) based on a difference between the excess inventory with the manufacturing limitation and the excess inventory without the manufacturing limitation using the at least one computer; determining a policy inventory (P) using the at least one computer; determining a policy and trapped inventory (PT) based on a difference between the excess inventory with the manufacturing limitation and the policy inventory and the excess inventory without the manufacturing limitation using the at least one computer; determining an optimum inventory (O) for each analysis point based on the policy and trapped inventory (PT) and the trapped inventory (OT), for each analysis point using the at least one computer according to the following algorithms wherein AP determining an impact of the policy inventory on an inventory consumption using the at least one computer.