article thumbnail

Price Optimization in E-Commerce

Analytics Vidhya

Introduction Price optimization is a critical component of e-commerce that involves setting the right prices for products to achieve various business objectives, such as maximizing profits, increasing market share, and enhancing customer satisfaction.

article thumbnail

RLHF For High-Performance Decision-Making: Strategies and Optimization

Analytics Vidhya

It will be engineered to optimize decision-making and enhance performance in real-world complex systems. Introduction Reinforcement Learning from Human Factors/feedback (RLHF) is an emerging field that combines the principles of RL plus human feedback.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Optimization Essentials for Machine Learning

Analytics Vidhya

Where is Optimization used in DS/ML/DL? The post Optimization Essentials for Machine Learning appeared first on Analytics Vidhya. What are Convex […].

article thumbnail

Microsoft Introduces Automatic Prompt Optimization Framework for LLMs

Analytics Vidhya

Microsoft AI Research has recently introduced a new framework called Automatic Prompt Optimization (APO) to significantly improve the performance of large language models (LLMs). This framework is designed to help users create better prompts with minimal manual intervention & optimize prompt engineering for better results.

article thumbnail

Common Use Cases for Mathematical Optimization

Mathematical optimization is a subset of artificial intelligence and a type of prescriptive analytics. What are some of the most common use cases for mathematical optimization across industries? This guide is ideal if you: Are curious about the different application areas for mathematical optimization.

article thumbnail

Optimizing Portfolios with the Mean Variance Method in Python

Analytics Vidhya

When investing in multiple stocks, determining the optimal allocation of funds to each stock to minimize risk and maximize returns can be challenging. Introduction While investing in equity markets (stock markets), we often diversify our investments in different stocks to maximize our returns.

article thumbnail

Optimize your optimizations using Optuna

Analytics Vidhya

The post Optimize your optimizations using Optuna appeared first on Analytics Vidhya. It is widely and exclusively used by the Kaggle community for the past 2 years and since the platform has such competitiveness, and for it to achieve such domination, […].

article thumbnail

Just In: Inventory Optimization Research

How are organizations performing on inventory optimization? For instance, inventory optimization is now a strategic priority for 35% of organizations. The technologies in use and the benefits of optimization. How can new technologies help your team improve? Find out in this new research report. Inventory: asset or liability?

article thumbnail

Data Science Fails: Building AI You Can Trust

The optimal level of disclosure to AI stakeholders. Download the report to gain insights including: How to watch for bias in AI. Why your organization’s values should be built into your AI. How human errors like typos can influence AI findings.

article thumbnail

How Does Your Inventory Optimization Process Compare to Peers?

Take it now to see how your inventory optimization process scores and benchmark it against peers. Are You Betting on the Right Tools to Succeed in 2021? The 15-question assessment takes only 5 minutes to complete. Responses are aggregated and kept anonymous. We hope it serves as a thought-provoking exercise to improve your approach! -->

article thumbnail

Easily Build an Optimization App and Empower Your Data

Speaker: Gertjan de Lange

If the last few years have illustrated one thing, it’s that modeling techniques, forecasting strategies, and data optimization are imperative for solving complex business problems and weathering uncertainty. Not being able to envision various organizational scenarios means you won't be able to navigate them, leaving you dead in the water.

article thumbnail

5 Powerful Prescriptive Analytics Examples in Supply Chain

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Inventory optimization. Warehouse optimization. Warehouse optimization.

article thumbnail

New Supply Chain Design Software Benefits Calculator

How much can you save by optimizing your supply chain network? Take our calculator for a spin to see how much you can save per year by optimizing your supply chain network. Our benefits calculator helps you find out. What's the ROI of supply chain network design software? We often get asked this question.

article thumbnail

Supply Chain Network Design: The Ultimate Use Cases eBook

Explore the most common use cases for network design and optimization software. Scenario analysis and optimization defined. Optimizing your supply chain based on costs and service levels. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions.

article thumbnail

The Essential Supply Chain Network Design Tooling Checklist

Dedicated supply chain network design software is fuelled by intuitive scenario analysis capabilities on the front end and powerful mathematical optimization on the back end. Answer 10 relevant questions and find out if your needs qualify for advanced network design & scenario modeling technology.