US Patent Issued to JPMorgan Chase Bank on Jan. 20 for "Method and system for performing non-parametric stochastic sequential assignment of jobs with random arrival times" (American, British Inventors)

ALEXANDRIA, Va., Jan. 20 -- United States Patent no. 12,530,689, issued on Jan. 20, was assigned to JPMorgan Chase Bank N.A. (New York).

"Method and system for performing non-parametric stochastic sequential assignment of jobs with random arrival times" was invented by Danial Dervovic (London), Parisa Hassanzadeh (San Jose, Calif.), Prashant P Reddy (Madison, N.J.), Manuela Veloso (New York) and Samuel Ayalew Assefa (Hoboken, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method and a system for performing stochastic sequential assignment of jobs with random arrival times is provided. The method includes receiving a first plurality of jobs in a sequence; and sequentially applying, to each respective j...