How Long to Read Data and Risk Analytics for Production Planning

How Long Does it Take to Read Data and Risk Analytics for Production Planning?

It takes the average reader and 18 minutes to read Data and Risk Analytics for Production Planning by Liao Wang

Assuming a reading speed of 250 words per minute. Learn more

Description

We examine the classical productional planning model, where a capacity decision that has to be made at the beginning of the planning horizon is the primary means to protect against demand uncertainty. We provide a critique on the model focusing on its profit maximizing objective, its underlying assumptions on demand and related forecasting scheme, and its overall business relevance (or the lack thereof); and we do so in the context of data, risk and analytics. Specifically, we will consider minimizing a shortfall risk relative to a profit target, with a demand model that captures impacts from the financial market and can be learned from data sets that are application specific. With a jointly optimized production and hedging strategy, we show the new model outperforms traditional approaches in risk mitigation as well as in expected profit.

How long is Data and Risk Analytics for Production Planning?

Data and Risk Analytics for Production Planning by Liao Wang is 18 pages long, and a total of 4,644 words.

This makes it 6% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read Data and Risk Analytics for Production Planning Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 25 minutes to read Data and Risk Analytics for Production Planning aloud.

What Reading Level is Data and Risk Analytics for Production Planning?

Data and Risk Analytics for Production Planning is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Data and Risk Analytics for Production Planning?

Data and Risk Analytics for Production Planning by Liao Wang is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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