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368343 results about "Industrial engineering" patented technology

Industrial engineering is an engineering profession that is concerned with the optimization of complex processes, systems, or organizations by developing, improving and implementing integrated systems of people, money, knowledge, information, equipment, energy and materials.

Intergrated reservoir optimization

A method of managing a fluid or gas reservoir is disclosed which assimilates diverse data having different acquisition time scales and spatial scales of coverage for iteratively producing a reservoir development plan that is used for optimizing an overall performance of a reservoir. The method includes: (a) generating an initial reservoir characterization, (b) from the initial reservoir characterization, generating an initial reservoir development plan, (c) when the reservoir development plan is generated, incrementally advancing and generating a capital spending program, (d) when the capital spending program is generated, monitoring a performance of the reservoir by acquiring high rate monitor data from a first set of data measurements taken in the reservoir and using the high rate monitor data to perform well-regional and field-reservoir evaluations, (e) further monitoring the performance of the reservoir by acquiring low rate monitor data from a second set of data measurements taken in the reservoir, (f) assimilating together the high rate monitor data and the low rate monitor data, (g) from the high rate monitor data and the low rate monitor data, determining when it is necessary to update the initial reservoir development plan to produce a newly updated reservoir development plan, (h) when necessary, updating the initial reservoir development plan to produce the newly updated reservoir development plan, and (i) when the newly updated reservoir development plan is produced, repeating steps (c) through (h). A detailed disclosure is provided herein relating to the step (a) for generating the initial reservoir characterization and the step (b) for generating the initial reservoir development plan.
Owner:SCHLUMBERGER TECH CORP

Systems, methods and computer program products for facilitating the sale of commodity-like goods/services

InactiveUS6965872B1Facilitating the sale of goods/servicesPrice fluctuationAdvertisementsBuying/selling/leasing transactionsComputer scienceEnd user
The invention provides systems and methods for facilitating the sale of commodity-like goods / services. The commodity-like goods / services at which the invention is directed, are of a type that are relatively indistinguishable from one brand, identity and / or outlet to another in end-use functionality and features. These types of goods / services are many times sold at retail under various brands or identities at multiple locations, to the final end user. Such goods / services may also or separately be of a type that are repeatedly purchased at intervals, and / or for which the price varies between purchases, from outlet to outlet or brand to brand. The goods / services may also be of a character such that they are not deliverable to the consumer, but require the consumer to travel to the retailer outlet. The system and methods also provide information relating to the consumers and competitors of a retailer of such goods / services. The invention establishes methods and procedures to define, organize, collect, distribute, and maintain information that can be used by the owner of a business selling commodity-like goods / services as well as by its customers. This information may include, but is not limited to, name brand of the product, location of the retailer, price of the product, other related goods / services available and their prices, and promotions. These processes may be performed and implemented on a computer network that is accessible in real time via a suitable communication device, such as a computer, wireless communication device, telephone or the like. A database of such information is created, allowing the consumer and other retailers to query the database using various search criteria. The consumer has the opportunity to obtain information about retailers of commodity-like goods / services that meet the consumer's requirements, and pricing may be guaranteed by the retailer.
Owner:GRDINA JEROME M

System and Method For Travel Planning

Methods, systems and computer readable code for travel planning are provided. According to some embodiments, a travel planning engine schedules a plurality of activities within one or more time intervals and generates a travel plan, where each activity is associated with a physical location and optional time parameters. Alternatively or additionally, the travel planning is implemented by receiving manual travel planning directives through a user interface. According to some embodiments, the activities are scheduled so as to satisfy specific constraints and/or travel benefit parameters. According to some embodiments, the travel plan includes information about traveling between relevant locations. Some embodiments of the present invention include a method of comparing and/or presenting a plurality of travel options, wherein each travel option is associated with a respective mode of transportation. Some embodiments of the present invention provide a system, method or computer readable code for customizing a travel itinerary for a traveler. Some embodiments of the present invention provide a system, method or computer readable code for presenting information about pricing of at least three targeted travel services on a single screen including a plurality of distinct bundling combinations.
Owner:BEN YEHUDA ZIV +2

Buyer-side auction dynamic pricing agent, system, method and computer program product

The present invention sets forth a system, method, and computer program product for automating an interaction between a buyer and an electronic, variable, dynamic pricing online auction service. The method can include receiving a registration of a buyer at an Internet enabled buyer bidding site, a portfolio, and account information. The method can also receive entered information about financial transaction instruments, contact information, and product preferences in an auction profile. The method can receive a search query for a desired product from product auctions of a plurality of auction sites and can use a search agent or a meta-search agent, and can provide returned auctions, including retrieving and presenting current status of product auctions. The method can receive a selection of returned auctions to store in the portfolio for tracking by scan agents and for bidding by bid proxies. The method can receive selections of product auctions of the returned auctions and place the product auctions into the portfolio for use by a cascaded bid proxy. The method can provide auction monitoring by scan agents of temporal progression of product auctions, and can notify someone via a messaging center of any changes in relevant aspects of the status that could prevent an initial bid from being placed by a bid proxy. The method can enable activation of bid proxies as an auction nears completion to begin placing bids until the auction is won or lost by auction closing and can confirm a counter-offer has not out-bid. The method can compute and execute another higher bid if a counter-offer has been made and accepted, higher than the most recent bid detected
Owner:LIFEPROXY
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