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.
In this module, we'll get acquainted with our dataset by exploring some of the most obvious groupings and identifying the variation in products. We'll discover which products sell where and prepare ourselves to use timeseries forecasts and safety stock predictions.
涵盖的内容
4个视频1个编程作业2个讨论话题1个非评分实验室
显示有关单元内容的信息
4个视频•总计6分钟
Welcome to the Course!•1分钟
Setting Up the Environment•2分钟
Module Intro•1分钟
Introduction to Part I•2分钟
1个编程作业•总计180分钟
Part I: EDA with Pandas•180分钟
2个讨论话题•总计25分钟
Welcome to the Course!•10分钟
More EDA (Optional)•15分钟
1个非评分实验室•总计10分钟
Programming Assignment Solutions•10分钟
Demand Predictions Using SARIMA
第 2 单元•小时 后完成
单元详情
In this module, we'll use the SARIMA model to make predictions on future sales. We'll then visualize some of these predicted sales before evaluating the accuracy and viability of our chosen model.
涵盖的内容
2个视频1篇阅读材料1个编程作业1个非评分实验室
显示有关单元内容的信息
2个视频•总计2分钟
Module Intro•1分钟
Introduction to Part II•1分钟
1篇阅读材料•总计10分钟
SARIMA model in Python•10分钟
1个编程作业•总计180分钟
Part II: Using SARIMA for Sales Predictions•180分钟
1个非评分实验室•总计10分钟
Programming Assignment Solutions•10分钟
Calculating Safety Stock
第 3 单元•小时 后完成
单元详情
In this module, we'll finish the project by calculating safety stock from monthly usage and lead times. We'll start by grouping products in order to find more accurate usage numbers. Then, we'll conclude by using the known formula along with our insights from the data in the calculation of safety stock for each product.
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