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• Demand Planning: Demand planning is the process of forecasting the demand for a product or service in the future. It involves analyzing historical sales data, market trends, and other relevant factors to estimate the future demand for a product or service. ... Read More >>
• Bellman Equation: Bellman equation is a recursive mathematical equation used in dynamic programming and reinforcement learning to calculate the optimal value of a decision at a given state, by considering the expected reward of all possible actions that can ... Read More >>
• Posterior Distributions: In Bayesian statistics, posterior distributions are probability distributions that represent the updated beliefs about the parameters of a statistical model after taking into account new data. The posterior distribution is obtained by combi ... Read More >>