← All News

Finding Optimal Buy/Sell Decisions

May 22, 2020 · decisionmanagementcommunity

Decision Optimization

Erwin Kalvelagen describes how to make optimal buy/sell decisions by solving this little optimization problem: “I have a prediction of prices for the next year. I have inventory that can contain max 25 products. I can either sell or buy each month. I cannot buy more than 4 products or sell more than 8 products per month. I am looking for profit by buying for lower price than selling.Link