International Business Machines Corporation
Real time personalized pricing for limited inventory assortments in a high-volume business environment

Abstract:

A system that compresses data during neural network training. A memory stores computer executable components and neural network data, and a processor executes computer executable components stored in the memory. An anticipatory value of inventory (VOI) optimization component calculates optimal VOI and prices for immediate-future inventory levels in parallel and writes latest price updates for respective states to a price stack; and a recommendation component provides customized pricing recommendation for a product relative to a unique customer as a function of the latest price updates for respective states to the price stack.