Researchers have developed a new way to model how inventory behaves when both customer demand and supplier deliveries are unpredictable, and when missed sales cannot be recovered. The approach provides more accurate estimates than common industry rules-of-thumb, and so might help businesses avoid costly overstocking and damaging shortages.
Every stock you take, AI could be watching you
The Owl Picks
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The Dominican Republic is not just about stunning beaches; it’s full of unique places that reveal the country from a completely different perspective. If you’re staying in Punta Cana, you can easily turn your vacation [...]
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