Black-Scholes Model: A Python Guide for Option Pricing

Options are among the most actively traded derivatives in financial markets. Experienced traders employ various models to determine the value of an option chain. Given the volatility of stocks and associated trading costs, accurately pricing an option chain is crucial. The Black Scholes model stands out as a reliable method for this purpose. Options are […]

Exploring Fast Fourier Transform with Python

Data is the backbone of decision-making across various industries, from music to cryptography and signal processing. Big consultancy firms value data analysts highly for their ability to interpret complex datasets. A vital tool in their arsenal is the Fast Fourier Transform (FFT), which analyses frequencies to extract detailed insights across numerous applications. This article delves

Prim’s Algorithm in Python: A Guide to Efficient Graph Management

Imagine you are managing a project for a major telecommunications company, such as Airtel or Jio, and your task is to lay cable lines underground efficiently and cost-effectively. This scenario is a perfect application of Prim’s algorithm, a fundamental tool in network design and graph management. In this article, we will understand Prim’s algorithm, how

Dijkstra’s Algorithm Explained: Implementing with Python for Optimal Pathfinding

Connectivity between cities poses many issues to the supply chain. There are no train transportation facilities in the towns of Himachal Pradesh, Jammu, and Kashmir, and thus, it is essential to decrease transportation and other costs. Dijkstra’s algorithm is one such method for finding the minimum distance between two cities or nodes. In this article,

Runge-Kutta Method: RK-4 in Python for Dynamic Simulations

Understanding complex systems often requires robust mathematical tools. Among the most reliable of these is the Runge Kutta method, commonly known as RK-4. Not only pivotal in mathematical computations like those found in carbon dating, the RK-4 method proves essential for predicting population dynamics and other variables dependent on differential equations. Today, we will explore

Applying Game Theory to Supply Chain Inventory Decisions

We all have heard about Game Theory. There’s even a famous movie, A Beautiful Mind, which beautifully discusses Nash equilibrium. Game theory is a powerful tool for analyzing people’s ability to make interdependent decisions. Game theory has a huge application in operations research, particularly inventory management. In this article, we will look at a simple

Solving the Least Cost Transportation Problem with Python

Minor cost transportation problems (LCTP) are among supply chain management’s most common and essential issues. LCTP involves determining the most cost-effective way to transport goods from many sources to multiple destinations with varying costs. Linear programming concepts in linear algebra give us a robust framework for solving such optimization problems. These concepts also involve equation

Atom: Everything You Need to Know about the Sunsetted IDE

Today’s software development environment thrives on powerful tools that assist in coding and project management. Among these tools, text editors stand out for their simplicity and effectiveness. One such editor, Atom, developed by GitHub, has been a popular choice for developers seeking a flexible and feature-rich editing experience. This article explores Atom, detailing its functionality,

Python Portfolio Optimization: Maximize Returns, Minimize Risk

Portfolio optimization aims to maximize returns and minimize risks by constructing an optimal asset allocation. Python’s powerful libraries like NumPy and CVXPY enable solving this optimization problem, which is subject to constraints like target return and weight restrictions, using techniques like quadratic programming. Big investors, such as Warren Buffet and Peter Lynch, follow the portfolio

Python Web Scraping Using Beautiful Soup: A Step-by-Step Tutorial

Compared to other Python web scraping libraries and frameworks, BeautifulSoup has an easy-to-moderate learning curve. This makes it ideal for web scraping beginners as well as experts. Why? BeautifulSoup’s syntax is pretty straightforward. You also get support from a large community of developers and extensive documentation to help you navigate learning. Not forgetting, real-world web