ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,715,686, issued on Aug. 25, was assigned to Hyundai Motor Co. (Seoul, South Korea) and Kia Corp. (Seoul, South Korea).

"Device and method for placing racks" was invented by Hyejun Park (Seoul, South Korea), Sunjoo Moon (Suwon-si, South Korea) and Wonseok Choi (Seongnam-si, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "An embodiment device for placing racks includes a rack modeling calculation formula-provision module configured to provide a predetermined rack modeling calculation formula for the racks including a pallet, a load beam, a frame column, a connection part between the load beam and the frame column, or a support, a rack modeling ...