MARKDOWN OPTIMIZATION SYSTEM HAVING BENEFITS ANALYSIS AND REPORTING
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United States of America Patent
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Issued Date -
Apr 30, 2015
app pub date -
Oct 24, 2013
filing date -
Oct 24, 2013
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
Techniques are described for generating benefits reports for a markdown optimization system. As described herein, a markdown optimization system executes markdown optimization software that applies to compute markdown schedules for retailers. In addition, the markdown optimization system applies techniques to reliably approximate and quantify the benefit derived by a given retailer from using of a computed markdown schedule instead of utilizing a user-defined schedule.
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