In this article, we will learn the skill of job assignment which is a very important topic in the field of Operations Research. For this, we will utilize Python programming language and the Numpy library for the same. We will…
The frustration of waiting in long queues at fast food joints or banks is all too familiar. How can we tackle this issue effectively? We have all been to our favorite fast food joints like KFC, Domino’s, and Pizza Hut.…
Inventory management is one of the most important topics that heavily affects businesses’ profit margins when it comes to operations and supply chain management. Previously, all the inventory and warehouse decisions were made based on historical data. With time, the…
For Python developers, the Levenshtein distance package is one of the most valuable tools for text analysis, comparison, and natural language processing. The Levenshtein distance algorithm is indispensable because it is used in many real-life applications such as bioinformatics, speech…
Optimizing Machine Learning Models with Random Search Hyperparameter Tuning. The random search is a hyperparameter optimization technique. This is considered the best alternative to grid search. In this article, we are going to study the concept of random search in…
If you have ever coded in any programming language, you may understand the importance of great code quality and correctness. CheckStyle is a Java tool that helps discover potential issues and maintain code standards. Similarly in Python, Flake8 can be…
Delivery route planning is one of the most important aspects that helps minimize drivers’ delivery cost and travel time. Popular techniques like Just in Time ( JIT ) and lean management depend tremendously on Delivery route planning. Delivery route optimization…
The Capital Asset Pricing Model ( CAPM ) is a fundamental concept in finance that gives us the expected return on investment, considering its risk and the overall market’s behavior. It is an important part of modern portfolio theory and…
Computer vision tasks are responsible for making computers see the world as we do, through our eyes, and perceive the information similarly. There are many computer-vision tasks such as object detection, object/image recognition, object segmentation, optical character recognition(OCR), pose estimation,…
Exception handling is a very important part of Python code. Python programming language alerts the programmer of any unexpected situations, this is known as an exception. Sometimes, there are situations where exceptions go unnoticed and the interpreter provides us a…