US 7,552,095 B2
Computer-implemented product valuation tool
Vibhu K. Kalyan, Plano, Tex. (US)
Assigned to i2 Technologies US, Inc., Dallas, Tex. (US)
Filed on Oct. 19, 2007, as Appl. No. 11/875,548.
Application 11/875548 is a continuation of application No. 09/195332, filed on Nov. 18, 1998, granted, now 7,376,578.
Claims priority of provisional application 60/066133, filed on Nov. 19, 1997.
Claims priority of provisional application 60/066134, filed on Nov. 19, 1997.
Claims priority of provisional application 60/066136, filed on Nov. 19, 1997.
Prior Publication US 2008/0040293 A1, Feb. 14, 2008
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 99/00 (2006.01)
U.S. Cl. 705—400  [705/1; 705/7; 705/8; 705/28] 16 Claims
OG exemplary drawing
 
1. Software for valuing manufactured products embodied in a computer-readable medium and, when executed using one or more computer systems is configured to:
assign a price to each of a plurality of products, each product comprising one or more product components;
assign a demand probability value to each product;
calculate a component value for each component by:
(a) assuming a beginning value for each component;
(b) for a first component, calculating prorated values, such that for each product using that component, a prorated value is calculated on that component by calculating the difference between the product price and a value of the product's other components;
(c) calculating a component value as a function of the prorated values and the probability values;
(d) repeating (b) and (c) for all other components;
(e) determining whether the component values converge; and
(f) if any component value does not converge, using the calculated component value as the beginning component value and repeating (b) through (e) for that component; and
calculating a value for each product, by summing the component values of all components of that product.