Method for pooling commodity purchases
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United States of America Patent
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N/A
Issued Date -
Sep 9, 2004
app pub date -
Mar 5, 2003
filing date -
Mar 5, 2003
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A method for producing a price index model is described, illustrated and claimed. The method includes the steps of setting up a customized price index, generating a periodic price index, calculating periodic call payouts and calculating periodic swap payouts. One aspect of the present invention is to optimize an entities spending for an entity having a plurality of geographically diverse facilities that purchase commodities.
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