Sun Feb 7, 2021, by Phil Winder, in Reinforcement Learning, Use Case
Inventory control is the problem of attempting to optimize product or stock levels given the unique constraints and requirements of a business. It is an important problem because every goods-based business has to spend resources on maintaining stock levels so that they can deliver products that customers want. Every improvement to inventory control has a direct improvement the delivery of the business. Beginners study tactics, experts study logistics, so they say.