Supply Chain of Perishable Products: Inventory Management
- 4.7
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Brief Introduction
Newsvendor Model in less than 60 minutesDescription
In this course, we will learn how to manage a supply chain of perishable products. After completing the course, you will be able to quickly find the optimal order quantity for any perishable product with any demand pattern. We will also consider the optimal level of overbooking for service businesses.
After taking this course, you will gain the following skills:
Improve the expected profits of your business with no extra investment
Simulate a complex problem and find the optimal solution in MS Excel
Master the Newsvendor Model
You can achieve all these by spending less than 60 minutes of your time!
Requirements
- Requirements
- Knowledge of basic statistics, e.g., mean or standard deviation
Timofey Shalpegin
4.7 Raiting
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- 4.6
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Learn R,Supply-chain Data Science, Inventory Optimization,Big Data forecasting, Machine learning and Revenue Management. "Learning Data science is boring! learning data science for a purpose is fun!!"...
