METHOD FOR EXTRAPOLATING END-OF-LIFE RETURN RATE FROM SALES AND RETURN DATA
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United States of America Patent
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Issued Date -
Dec 18, 2008
app pub date -
Jun 13, 2007
filing date -
Jun 13, 2007
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Abstract
A method for predicting product return rate behavior. The ratio of the cumulative product returns to cumulative sales affecting product returns is calculated. The cumulative sales affecting product returns is calculated based on a benchmark distribution related to the product return behavior. Accordingly, a manufacturer is afforded a more accurate prediction of end-of-life return rate at a time preceding the end-of-sales life of a product.
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