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The document discusses optimizing inventory management models for supermarket chains to balance stock levels and reduce holding costs. It emphasizes the use of economic order quantity (EOQ) and demand forecasting to determine optimal stock levels while minimizing total inventory costs. Additionally, it highlights the role of predictive analytics and machine learning in improving inventory decisions and enhancing profitability.

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ananyaamenon17
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14 views5 pages

Or Assignment2

The document discusses optimizing inventory management models for supermarket chains to balance stock levels and reduce holding costs. It emphasizes the use of economic order quantity (EOQ) and demand forecasting to determine optimal stock levels while minimizing total inventory costs. Additionally, it highlights the role of predictive analytics and machine learning in improving inventory decisions and enhancing profitability.

Uploaded by

ananyaamenon17
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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