Patent ID: 7636675

Claim:
A computer-implemented method for generating an optimized auction commodity distribution plan for a predetermined number of present auction commodity products, the method comprising the steps of: performing one or more elasticity computations for one or more past auction commodity products sold at one or more physical auction sites; generating, with a processor, an auction forecast price for each of said predetermined number of present auction commodity products to be auctioned at said one or more physical auction sites using said one or more elasticity computations, wherein each of said present auction commodity products and said past commodity products have an associated commodity model type and a commodity model year; and generating, with said processor, an optimized auction commodity distribution plan for said predetermined number of present auction commodity products using said generated forecast price for distributing each of said predetermined number of present auction commodity products to one of said physical auction sites prior to auctioning said present auction commodity product at said auction site.