Inventory optimization

Inventory optimization

Inventory optimization is a method of balancing capital investment constraints or objectives and service-level goals over a large assortment of stock-keeping units (SKUs) while taking demand and supply volatility into account. (Wikipedia).

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Introduction to Optimization

A very basic overview of optimization, why it's important, the role of modeling, and the basic anatomy of an optimization project.

From playlist Optimization

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Heap Sort - Intro to Algorithms

This video is part of an online course, Intro to Algorithms. Check out the course here: https://www.udacity.com/course/cs215.

From playlist Introduction to Algorithms

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Accounting Lecture 07 Part I - Merchandising and Inventory Purchases

From the free study guides and course manuals at www.my-accounting-tutor.com. Accounting for inventory costing issues and purchases. Part I of two parts.

From playlist Accounting Lectures

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13_2 Optimization with Constraints

Here we use optimization with constraints put on a function whose minima or maxima we are seeking. This has practical value as can be seen by the examples used.

From playlist Advanced Calculus / Multivariable Calculus

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Searching and Sorting Algorithms (part 4 of 4)

Introductory coverage of basic searching and sorting algorithms, as well as a rudimentary overview of Big-O algorithm analysis. Part of a larger series teaching programming at http://codeschool.org

From playlist Searching and Sorting Algorithms

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Algorithms In Industry - Intro to Algorithms

This video is part of an online course, Intro to Algorithms. Check out the course here: https://www.udacity.com/course/cs215.

From playlist Introduction to Algorithms

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“Choice Modeling and Assortment Optimization” – Session III – Prof. Huseyin Topaloglu

This module overviews static and dynamic assortment optimization problems. We will start with an introduction to discrete choice modeling and discuss estimation issues when fitting a choice model to observed sales histories. Following this introduction, we will discuss static and dynamic a

From playlist Thematic Program on Stochastic Modeling: A Focus on Pricing & Revenue Management​

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"Data-Driven Optimization in Pricing and Revenue Management" by Arnoud den Boer - Lecture 2

In this course we will study data-driven decision problems: optimization problems for which the relation between decision and outcome is unknown upfront, and thus has to be learned on-the-fly from accumulating data. This type of problems has an intrinsic tension between statistical goals a

From playlist Thematic Program on Stochastic Modeling: A Focus on Pricing & Revenue Management​

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Build a Heap - Intro to Algorithms

This video is part of an online course, Intro to Algorithms. Check out the course here: https://www.udacity.com/course/cs215.

From playlist Introduction to Algorithms

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"Revenue Management & Dynamic Pricing" - Session III - Prof. René Caldentey

This course introduces both the theory and the practice of revenue management and pricing. Fundamentally, revenue management is an applied discipline; its value derives from the business results it achieves. At the same time, it has strong elements of an applied science and the technical e

From playlist Thematic Program on Stochastic Modeling: A Focus on Pricing & Revenue Management​

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Heaps Of Fun Solution - Intro to Algorithms

This video is part of an online course, Intro to Algorithms. Check out the course here: https://www.udacity.com/course/cs215.

From playlist Introduction to Algorithms

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Supercharging Decision Making with Bayes

Bayesian Decision Theory is a fundamental statistical approach to the problem of pattern classification. It is considered as the ideal pattern classifier and often used as the benchmark for other algorithms because its decision rule automatically minimizes its loss function. PUBLICATION P

From playlist Machine Learning

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Tom McCormick: Discrete Convexity in Supply Chain Models

One of the main results of "Order-Based Cost Optimization in Assemble-to-Order Systems" by Y. Lu and J-S. Song, Operations Research, 53, 151-169 (2005) is Proposition 1 (c), which states that the cost function of an assemble-to-order (ATO) inventory system satisfies a discrete convexity pr

From playlist HIM Lectures 2015

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Fifteenth SIAM Activity Group on FME Virtual Talk

Date: Thursday, December 10, 1PM-2PM Early Career Talks Speaker 1: Dena Firoozi, HEC Montréal - University of Montreal Title: Belief Estimation by Agents in Major-Minor LQG Mean Field Games Speaker 2: Sveinn Olafsson, Columbia University Title: Personalized Robo-Advising: Enhancing Inves

From playlist SIAM Activity Group on FME Virtual Talk Series

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Bidding Strategies for Display Advertising: How to Avoid Boiling the Ocean

Catherine Williams On a real-time bidding (RTB) exchange like AppNexus, the strategy for direct-response advertising is simple: predict the expected revenue of each available impression, then bid that value. As the universe of web pages seeking RTB ads has grown, though, obtaining enough

From playlist Wolfram Data Summit 2015

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Hamsa Bastani - Decision-Aware Learning for Global Health Supply Chains - IPAM at UCLA

Recorded 01 March 2023. Hamsa Bastani of the University of Pennsylvania presents "Decision-Aware Learning for Global Health Supply Chains" at IPAM's Artificial Intelligence and Discrete Optimization Workshop. Abstract: The combination of machine learning (for prediction) and optimization (

From playlist 2023 Artificial Intelligence and Discrete Optimization

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Twenty second SIAM Activity Group on FME Virtual Talk Series

Join us for a series of online talks on topics related to mathematical finance and engineering and running every two weeks until further notice. The series is organized by the SIAM Activity Group on Financial Mathematics and Engineering. Date: Thursday, October 7, 2021, 1PM-2PM Speaker

From playlist SIAM Activity Group on FME Virtual Talk Series

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13_1 An Introduction to Optimization in Multivariable Functions

Optimization in multivariable functions: the calculation of critical points and identifying them as local or global extrema (minima or maxima).

From playlist Advanced Calculus / Multivariable Calculus

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Maximum Likelihood Estimation and Confidence Intervals

MIT 15.879 Research Seminar in System Dynamics, Spring 2014 View the complete course: http://ocw.mit.edu/15-879S14 Instructor: Armin Ashoury, Ross Collins, Ali S. Kamil Video tutorial created by students as part of the class final project. License: Creative Commons BY-NC-SA More informat

From playlist MIT 15.879 Research Seminar in System Dynamics, Spring 2014

Related pages

Inventory | Stochastic optimization | Mathematical optimization | Inventory theory | Stochastic process | Deterministic system