Dec. 3, 2023, 12:40 p.m. | Peyman Kor

Towards AI - Medium pub.towardsai.net

How to master inventory decisions using dynamic programming for maximum profitability

Photo by Christin Hume on Unsplash

Intro

Inventory optimization is a broad problem that arises across many domains. The central question is all about figuring out:

“How many products to order for your store periodically, in order maximize the profitability?”

I think you are a bike shop manager. Every day, you need to contact your supplier to order a number of bikes for your store. If you order too …

code data science decisions domains dynamic dynamic-programming hume inventory inventory-management master optimization products programming python

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