Computer-implemented value management tool for an asset intensive manufacturer
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United States of America Patent
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Jul 24, 2001
Grant Date -
N/A
app pub date -
Jul 22, 1999
filing date -
Jul 22, 1998
priority date (Note) -
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Abstract
A method of valuing resources of an asset intensive manufacturer. Calculations provide a MAV for each resource (machine) for each time horizon. The inputs for the calculations include the prices of products made by the resource, probalistic demand for the products, usage of the resource by various products, and availability of the resource. A series of equations, one equation associated with each resource, is formulated and solved, using lagrangian methods, with lagrangian multipliers representing resource values.
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