Invention Grant
- Patent Title: Method and apparatus for pricing a commodity
- Patent Title (中): 商品定价方法和装置
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Application No.: US11671482Application Date: 2007-02-06
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Publication No.: US07827083B2Publication Date: 2010-11-02
- Inventor: Frank Beurskens
- Applicant: Frank Beurskens
- Applicant Address: US IA Ames
- Assignee: E-Markets, Inc.
- Current Assignee: E-Markets, Inc.
- Current Assignee Address: US IA Ames
- Agency: Galbreath Law Offices, P.C.
- Agent John A. Galbreath
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A method of pricing a commodity involving selecting a predetermined market factor, determining at a first time period a first market condition, and providing a formula capable of comparing a predetermined market factor to a market condition to determine the existence of a favorable pricing condition. The method prices a first portion of the commodity when the application of the formula to the predetermined market factor and the first market condition indicates the existence of a first favorable pricing condition. The method prices a second portion of the commodity when the application of the formula to the predetermined market factor and a second market condition indicates the existence of a second favorable pricing condition.
Public/Granted literature
- US20070130058A1 Method And Apparatus For Pricing A Commodity Public/Granted day:2007-06-07
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