System, method, and apparatus for managing price information with locking mechanisms
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United States of America Patent
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Aug 14, 2012
Grant Date -
Jun 2, 2011
app pub date -
Dec 2, 2009
filing date -
Dec 2, 2009
priority date (Note) -
Expired
status (Latency Note)
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Abstract
A computer-implemented method for managing price information. Embodiments include receiving a mapping of interconnected components, identifying as a first subset components subject to a first fixed price agreement not subject to a second fixed price agreement that overlaps the first fixed price agreement, identifying as a second subset the components subject to the second fixed price agreement not subject to the first fixed price agreement, and identifying as a third subset the components subject to both the first fixed price agreement and the second fixed price agreement. The method also includes receiving a price change for a price associated with a component in one of the subsets of components, and distributing an offset of the price change to components in the other subsets of components.
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