This course is part of the Machine Learning for Supply Chains Specialization

Rajvir Dua +1 more instructor

Offered By

Machine Learning for Supply Chains SpecializationLearnQuest

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.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Coursera Labs

Includes hands on learning projects.

Learn more about Coursera Labs

Course 4 of 4 in the

Machine Learning for Supply Chains Specialization

Intermediate Level

We reccomend you take the first two courses in the specialization (or are familiar with the content) before attemptign this capstone project.

Approx. 10 hours to complete

English

What you will learn

Calcualte safety stock using SARIMA predictions combined with manipulaitng lead times.

Skills you will gain

Machine Learning
SARIMA modeling
timeseries
demand prediction
Safety Stock

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Coursera Labs

Includes hands on learning projects.

Learn more about Coursera Labs

Course 4 of 4 in the

Machine Learning for Supply Chains Specialization

Intermediate Level

We reccomend you take the first two courses in the specialization (or are familiar with the content) before attemptign this capstone project.

Approx. 10 hours to complete

English

Instructors

Rajvir Dua

Head of Data Science, Machine Learning Solutions

7,961 Learners

8 Courses

Neelesh Tiruviluamala

Co-founder and CEO, Machine Learning Solutions

7,961 Learners

8 Courses

Offered by

LearnQuest

LearnQuest is the preferred training partner to the world’s leading companies, organizations, and government agencies. Our team boasts 20+ years of experience designing, developing and delivering a full suite industry-leading technology education classes and training solutions across the globe. Our trainers, equipped with expert industry experience and an unparalleled commitment to quality, facilitate classes that are offered in various delivery formats so our clients can obtain the training they need when and where they need it.

Syllabus - What you will learn from this course

Week1

Week 1

4 hours to complete

Exploratory Data Analysis Using Pandas and Groupby

4 hours to complete

4 videos (Total 6 min)

Week2

Week 2

3 hours to complete

Demand Predictions Using SARIMA

3 hours to complete

2 videos (Total 2 min), 1 reading, 1 quiz

Week3

Week 3

3 hours to complete

Calculating Safety Stock

3 hours to complete

2 videos (Total 2 min)

About the Machine Learning for Supply Chains Specialization

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

More questions? Visit the Learner Help Center.

Capstone Project: Predicting Safety Stock

About this Course

What you will learn

Skills you will gain