SYSTEMS AND METHODS ALLOCATING ITEMS AMONG AUCTION SITES TO MAXIMIZE PROFIT
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United States of America Patent
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app pub date -
Aug 15, 2012
filing date -
Mar 15, 2011
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Abandoned
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Abstract
A method for allocating vehicles to auction sites. An inventory database stores information uniquely identifying a plurality of items and associating each of the items with one of a plurality of available auction sites. Constraints relating to the movement of the items are stored in a constraints database. Items are identified which are available to be moved from a current location to one of the auction sites. A profit value is estimated for each available move. A move is identified for one item having a highest estimated profit above an identified threshold and meeting related constraints. This move is selected, and profits are reestimated for remaining items to be moved. The selection steps are repeated until no remaining available moves are feasible according to the threshold and constraints. Once all feasible moves have been selected, information associated with the items and moves is transmitted to a client device.
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