ALEXANDRIA, Va., June 19 -- United States Patent no. 12,333,583, issued on June 17.

"Business variable optimization for manufacture or supply of designed products" was invented by James L. Jacobs II (Rye Beach, N.H.), John E. Cronin (Bonita Springs, Fla.), Kyle W. Kulp (Burlington, Vt.) and Steven M. Lynch (Hudson, N.H.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system comprising an electronic pricing system configured to receive information corresponding to a designed product and determine an initial price(s) as well as initial values of other business variables associated with the price. The system allows a user to enter a change to a price or the other business variable to instantly discover how the...