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

Founding AI Engineer, Agents

@ Occam AI | New York

AI Engineer Intern, Agents

@ Occam AI | US

AI Research Scientist

@ Vara | Berlin, Germany and Remote

Data Architect

@ University of Texas at Austin | Austin, TX

Data ETL Engineer

@ University of Texas at Austin | Austin, TX

Consultant Senior Power BI & Azure - CDI - H/F

@ Talan | Lyon, France