US Patent:
20110196718, Aug 11, 2011
Inventors:
Rakesh Suresh Kulkarni - Webster NY, US
Sudhendu Rai - Fairport NY, US
Assignee:
XEROX CORPORATION - Norwalk CT
International Classification:
G06Q 10/00
G06Q 50/00
Abstract:
A system for forecasting an inventory level for a consumable in a print production environment may include a computing device and a computer-readable storage medium in communication with the computing device. The computer-readable storage medium may include one or more programming instructions for identifying a demand distribution for a print product resource consumable, identifying a first seasonal period in the demand distribution, creating a seasonally adjusted demand distribution, identifying a second seasonal period in the seasonally adjusted demand distribution, creating an updated seasonally adjusted demand distribution, using a forecasting model to automatically forecast a predicted future demand value for the consumable, updating the predicted future demand value using, determining whether additional inventory is needed based on at least the updated predicted future demand value, and in response to a need for additional inventory, generating an order for the print product resource consumable.