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Inventory Optimization with Dynamic Programming in Less than 100 Lines of Python Code
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
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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