LearnQuest
Capstone Project: Predicting Safety Stock
LearnQuest

Capstone Project: Predicting Safety Stock

Rajvir Dua
Neelesh Tiruviluamala

Instructors: Rajvir Dua

Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

10 hours to complete
3 weeks at 3 hours a week
Flexible schedule
Learn at your own pace
Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

10 hours to complete
3 weeks at 3 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

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

Details to know

Earn a career certificate

Add to your LinkedIn profile

Taught in English

See how employees at top companies are mastering in-demand skills

Placeholder

Build your subject-matter expertise

This course is part of the Machine Learning for Supply Chains Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate
Placeholder
Placeholder

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV

Share it on social media and in your performance review

Placeholder

There are 3 modules in this course

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.

What's included

4 videos1 programming assignment2 discussion prompts1 ungraded lab

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.

What's included

2 videos1 reading1 programming assignment1 ungraded lab

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.

What's included

2 videos1 programming assignment1 ungraded lab

Instructors

Rajvir Dua
LearnQuest
8 Courses15,237 learners

Offered by

LearnQuest

Recommended if you're interested in Machine Learning

Why people choose Coursera for their career

Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."

New to Machine Learning? Start here.

Placeholder

Open new doors with Coursera Plus

Unlimited access to 7,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription

Advance your career with an online degree

Earn a degree from world-class universities - 100% online

Join over 3,400 global companies that choose Coursera for Business

Upskill your employees to excel in the digital economy

Frequently asked questions