Patent ID: 7392157
Filing Date: 2008-06-24
Classification: G06Q

Abstract:
1. A computer implemented method for updating a forecast model comprising: receiving an original forecast model created at a reference M, the reference M including a first date; receiving an original data and an additional data to determine an error of the forecast model, the additional data created from the reference M to a reference N, the reference N including a second date wherein the original data is the data created up to reference M and the additional data is the data created or added from reference M to reference N and further wherein the original data is a portion of the data created up to reference N; identifying an at least one parameter to be changed in value in, added to, or removed from the original forecast model; determining the error of the forecast model using an at least one of the group consisting of: modifying the forecast model to reduce the error of the forecast model, wherein modifying the forecast model includes an at least one of the group consisting of: