Demand and Supply Analytics

Demand and Supply Analytics

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Course
en
English
96 h
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  • From www.edx.org
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  • 12 Sequences
  • Intermediate Level
  • Starts on January 31, 2021
  • Ends on May 3, 2021

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Course details

Syllabus

Class schedule

Week 1 – Introduction
Week 2 – Static price optimization
Week 3 – Dynamic price optimization
Week 4 – Price differentiation
Week 5 – Quantity based revenue management
Week 6 – Network revenue management & overbooking
Week 7 – Customized pricing and consumer choice models
Week 8 – Markdown management and behavioral issues in pricing
Week 9 – Introduction to inventory management
Week 10 – Stochastic inventory management
Week 11 – Miscellaneous topics in inventory management
​Week 12 – Final review

Prerequisite

Undergraduate probability, statistics, linear algebra and calculus.
Students should have familiarity with basic programming concepts in some procedural programming language.

Instructors

Daniel Guetta
Director of the Business Analytics Initiative
Columbia University

Editor

Columbia University is a private university located in Morningside Heights, in the north-western part of the borough of Manhattan, in New York (United States). Its origins lie in King's College, founded in 1754 by King George II of Great Britain. It is one of the oldest institutions of higher learning in the United States and is part of the Ivy League group of eight of the country's oldest, most famous, most prestigious and most elitist universities.

Columbia is one of the most selective and prestigious universities in the world. The admission rate was 5.1% in 2019, comparable to Harvard and Stanford. Ranked first in the United States for research, it is sixth in the world (fourth in the United States) in the CUWR ranking of the world's top 1,000 universities and eighth in the Shanghai University Rankings.

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