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What is Daily Cupcake Demand Forecasting Guide about?

Kristen Cupcake Co. has shifted its business model to sell pre-made cupcakes priced at Rs. 249, with a cost of Rs. 124 to make, and offers discounts on unsold cupcakes at the end of the day. They face the challenge of uncertain daily demand and are considering hiring a machine learning enthusiast for demand predictions at a cost of Rs. 100 per day. The probability distribution of daily demand has been characterized, but they need assistance in determining how many cupcakes to produce each day.

Author

rishi10hot

Language

EN