Cost optimization system for supplying parts
October 23, 2009. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.Patent References 3703630 Data processing machine and method of allocating inventory stock for generating work orders for producing manufactured components Hierarchical knowledge system Facilities control method Method and means of control for multi-source feedstock distribution system including optimization of supplies Methods and apparatus for funding future liability of uncertain cost Material requirements planning system and procedures for use in process industries Method for resource allocation for the manufacture of a product Methods and apparatus for funding future liability of uncertain cost Purchasing system with rebate feature InventorsApplicationNo. 425615 filed on 10/23/1989US Classes:705/7, Operations research705/28, Inventory management705/400FOR COST/PRICEExaminersPrimary: Smith, JerryAssistant: Cass, Russell E. Attorney, Agent or FirmInternational ClassG06F 015/24AbstractA cost estimation system estimates the cost of supplying parts to a manufacturing facility. The system comprises a first database for storing cost information for various supply methods including air freight, ocean freight, land freight, warehouse storage, plant storage and material handling costs. A user selects a supply method for the parts, and has the option to select a percentage of one type of transportation and a percentage of an alternate type of transportation to serve as a back-up. A user also enters delivery frequency data indicating one or more frequencies of delivery to base a cost estimation. A computer processor then estimates the cost of supplying the parts at the one or more frequencies of delivery and the selected supply method. Finally, the cost estimates are presented to a user.Other References
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