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Capstone Project
Predicting Safety Stock
Machine Learning for Supply Chains,
In this course, we'll make predictions on product usage and calculate optimal safety stock storage. We'll start with a time series of shoe sales across multiple stores on three different continents. To begin, we'll look for unique insights and other interesting things we can find in the data by performing groupings and comparing products within each store. Then, we'll use a seasonal autoregressive integrated moving average (SARIMA) model to make predictions on future sales. In addition to making predictions, we'll analyze the provided statistics (such as p-score) to judge the viability of using the SARIMA model to make predictions. Then, we'll tune the hyper-parameters of the model to garner better results and higher statistical significance. Finally, we'll make predictions on safety stock by looking to the data for monthly usage predictions and calculating safety stock from the formula involving lead times.
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Rating | Not enough ratings |
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Length | 4 weeks |
Effort | 3 weeks of study, 3-4 hours/week |
Starts | Jul 3 (46 weeks ago) |
Cost | $49 |
From | LearnQuest via Coursera |
Instructors | Rajvir Dua, Neelesh Tiruviluamala |
Download Videos | On all desktop and mobile devices |
Language | English |
Subjects | Data Science Programming |
Tags | Data Science Data Analysis Machine Learning |
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Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile.
Stock and Cashier $28k
Freelance Stock $30k
Stock Support $31k
Stock Team $31k
Stock Broker 1 $39k
Stock Worker $40k
Visual/stock $41k
Receiving/Stock $46k
Stock Accountant $53k
Grocery Stock $64k
Stock Tech $80k
Stock Leader $100k
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Rating | Not enough ratings |
---|---|
Length | 4 weeks |
Effort | 3 weeks of study, 3-4 hours/week |
Starts | Jul 3 (46 weeks ago) |
Cost | $49 |
From | LearnQuest via Coursera |
Instructors | Rajvir Dua, Neelesh Tiruviluamala |
Download Videos | On all desktop and mobile devices |
Language | English |
Subjects | Data Science Programming |
Tags | Data Science Data Analysis Machine Learning |
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