Capstone Project: Predicting Safety Stock
- Offered byCoursera
Capstone Project: Predicting Safety Stock at Coursera Overview
Capstone Project: Predicting Safety Stock
at Coursera
Duration | 10 hours |
Start from | Start Now |
Total fee | Free |
Mode of learning | Online |
Official Website | Explore Free Course |
Credential | Certificate |
Capstone Project: Predicting Safety Stock at Coursera Highlights
Capstone Project: Predicting Safety Stock
at Coursera
- Reset deadlines in accordance to your schedule.
- Earn a Certificate upon completion
- Start instantly and learn at your own schedule.
Capstone Project: Predicting Safety Stock at Coursera Course details
Capstone Project: Predicting Safety Stock
at Coursera
Skills you will learn
More about this course
- 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.
Capstone Project: Predicting Safety Stock at Coursera Curriculum
Capstone Project: Predicting Safety Stock
at Coursera
Exploratory Data Analysis Using Pandas and Groupby
Welcome to the Course!
Setting Up the Environment
Module Intro
Introduction to Part I
Demand Predictions Using SARIMA
Module Intro
Introduction to Part II
SARIMA model in Python
Calculating Safety Stock
Module Intro
Introduction to Part III
Capstone Project: Predicting Safety Stock at Coursera Admission Process
Capstone Project: Predicting Safety Stock
at Coursera
Important Dates
May 25, 2024
Course Commencement Date
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Capstone Project: Predicting Safety Stock
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