PRICE MARKDOWN APPARATUS

An apparatus for providing relative optimized pricing for markdown items is provided. A financial engine for determining revenue for determining sales costs is provided. An optimization engine receiving input from the financial engine and uses the determined sales costs to provide relative optimized...

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Hauptverfasser: DAVTIAN, DAVID, DZEGILENKO, FEDOR, CROWTHER, JOHN, VENKATRAMAN, KRISHNA, SAVARD, FRANCE, KUAN, CHI-YI, DESAI, PARITOSH, PARKIN, ROB
Format: Patent
Sprache:eng ; fre ; ger
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Zusammenfassung:An apparatus for providing relative optimized pricing for markdown items is provided. A financial engine for determining revenue for determining sales costs is provided. An optimization engine receiving input from the financial engine and uses the determined sales costs to provide relative optimized pricing for markdown items and provides pricing and a promotion calendar for non-markdown items.