Simulation, Mathematical Optimization, Solver, Decision Tree
Sep 16, 2018
The topics is very much related to what I'm doing and I'm surprised that this course leads me to unchartered territory that brings me a lot of ways on how to solve day to day operations problem.
Jan 30, 2018
Very useful and very informative. Loved the predictive and prescriptive part of this learning. Good knowledge to get into more advanced learning. Much much better than customer analytics course.
In this module you’ll be introduced to the Newsvendor problem, a fundamental operations problem of matching supply with demand in uncertain settings. You'll also cover the foundations of descriptive analytics for operations, learning how to use historical demand data to build forecasts for future demand. Over the week, you’ll be introduced to underlying analytic concepts, such as random variables, descriptive statistics, common forecasting tools, and measures for judging the quality of your forecasts.