Patent Document ID: 7769628
Application ID: 11190711
Patent Flag: 1

Claim One:
1. An apparatus comprising: a processor configured to determine a plurality of price sensitivity probability distributions of a price per unit of a good for a respective plurality of time segments of a period of time, the price sensitivity probability distribution for each time segment assigning a respective probability to each of a plurality of different predetermined prices per unit of the good, the price sensitivity probability distribution reflecting an uncertainty in the price per unit of the good, wherein the processor is configured to determine a plurality of market potential probability distributions of a number of units of the good in a market associated with the good for the respective plurality of time segments of the period of time, the market potential probability distribution for each time segment assigning a respective probability to each of a plurality of different numbers of units of the good, the market potential probability distribution reflecting an uncertainty in the number of units of the good in the market, and wherein the processor is configured to construct, from the price sensitivity and market potential probability distributions for the plurality of time segments, a model of at least one of future demand or future supply for the good over the period of time.