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Patent US5978771A successfully refreshed from Google Patents.
US5978771A
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Method for tracking natural resources in a resource allocation system
Assignee: Individual
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Filing: 1997-08-08
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Granted: 1999-11-02
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Expires: 2017-08-08
Abstract
Abstract The tracking of an entire resource allocation chain, designed for better and more automatic tracking of the data associated with the transfer and positioning of such resources, enabling the combination of independent and integrated data collection and organization associated with the transfer, processing, quality evaluation and storage of such resources, as well as a new set of base allocation operations and database structures designed to enable and accommodate any type of resource allocation that might take place by an organization of such operations into a composite.
Inventors
- 👤 John Carl Vandivier, III
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-11-09 09:16
CPC Classifications
G; G06; G06Q; G06Q10/00; G06Q10/06; G06Q10/063; G06Q10/0631; G06Q10/06315
Claims Analysis
Total Claims: 4
Claim 1
Independent Claim
138 words
A method for tracking natural resources in a resource allocation system, comprising the steps of: a) creating a base allocation record for each of a plurality of bulk material items, wherein each of the base allocation records contains descriptive data relating to the associated bulk material item, the descriptive data including at least a quantity, quality factor, cost and location of the bulk material item; b) providing a desired natural resource specification specifying at least a desired quantity and a desired quality factor; c) selecting a plurality of base allocation records; d) consolidating the selected plurality of base allocation records into a consolidated allocation record meeting the desired natural resource specification; e) moving the bulk material items associated with the consolidated allocation record to a destination location; and f) recording the destination location in the consolidated allocation record.
Claim 2
Independent Claim
138 words
A method for tracking natural resources in a resource allocation system, comprising the steps of: a) creating a base allocation record for each of a plurality of bulk material items, wherein each of the base allocation records contains descriptive data relating to the associated bulk material item, the descriptive data including at least a quantity, quality factor, cost and location of the bulk material item; b) providing a desired natural resource specification specifying at least a desired quantity and a desired quality factor; c) selecting a plurality of base allocation records; d) consolidating the selected plurality of base allocation records into a consolidated allocation record meeting the desired natural resource specification; e) moving the bulk material items associated with the consolidated allocation record to a destination location; and f) recording the destination location in the consolidated allocation record.
Claim 3
Dependent Claim
19 words
The method of claim 1, wherein each of the plurality of bulk material items comprises a quantity of coal.
Claim 4
Dependent Claim
28 words
The method of claim 1, wherein consolidated allocation record contains consolidated descriptive data calculated as a weighted average of the descriptive data of the selected base allocation records.
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USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 2002-11-01 | 2003-05-03 | 2003-11-02 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 2006-11-01 | 2007-05-03 | 2007-11-02 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 2010-11-01 | 2011-05-03 | 2011-11-02 | $7700.00 | Window Closed / Lapsed |