ALEXANDRIA, Va., June 16 -- United States Patent no. 12,307,514, issued on May 20, was assigned to Simnang IP LLC (Farmington, Utah).
"Nested capacity plans" was invented by Rhett M. Roberts (Kaysville, Utah), Jacob Heaps (Kaysville, Utah) and Cooper Smith (West Point, Utah).
According to the abstract* released by the U.S. Patent & Trademark Office: "Capacity plans may be linked in a nested hierarchy, with customizable linking configurations controlling how the capacity plans are linked. The linking configurations may control how an available credit of a flexible capacity plan is affected by linked capacity plans lower in the nested hierarchy. Payments may be applied to the linked capacity plans based on customizable payment configuration...