A linear demand curve is a line representing the relationship between the demand for a product or service and its price. Everyone knows that sales are proportional to price: The more you charge for an ...
Linear regression (LR) is one of the most popular and understandable ways to model demand. The coefficients on each variable in the fitted regression equation tell us exactly how much a change in each ...
In this paper, an economic order quantity (EOQ) model is developed for deteriorating items with linear demand pattern and variable deterioration rate. Shortages are allowed and partially backlogged.
This article presents a Monte Carlo evaluation of some alternative estimators for a demand model when the budget constraint is piecewise-linear and the budget set is convex. We examine the performance ...
This repository contains the implementation of a Multiple Linear Regression model to predict the demand for shared bikes based on various features like weather, season, and year. The dataset is ...