公开(公告)号：US20250069104A1

公开(公告)日：2025-02-27

申请号：US18454697

申请日：2023-08-23

Applicant: Oracle International Corporation

Inventor： Yu Zhao ,  David Richard Anderson ,  Saraswati Yagnavajhala

IPC: G06Q30/0201

Abstract: Techniques for generating a retail forecasting model from product-cluster-based estimated elasticity values to forecast the effects of price changes on the demand for a set of products are disclosed. A system generates cluster-based price-elasticity values for a set of products by applying a set of regressive elasticity-estimation algorithms to a set of product data and clustering products based on product descriptions and estimated price-elasticity values. The system uses the cluster-based price-elasticity values for the products to generate the retail forecasting model.