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7 changes: 4 additions & 3 deletions README.md
Original file line number Diff line number Diff line change
Expand Up @@ -26,15 +26,16 @@ Assume we can measure the rental date when an asset leaves an SC.
Your stakeholder tasks you with the following question, underlying scenario one:

- Develop a model to estimate the shrinkage rate, i.e. the probability of an asset not returning from a trip
- Develop a model to estimate the pool size, i.e. the amount of assets available to IFCO at a given time.
- Develop a model to estimate the pool size, i.e. the number of assets in circulation and in stock at IFCO.

## Questions / Hints

- Illustrate your approach and ideas, possibly using simulated data.
- Clearly mark your assumptions and reflect on risks that may impact your model.
- Assume your audience contains non-tech managers but be prepared to illustrate your approach to fellow data scientists reviewing your work.
- Discuss your results for practical applicability and how they could be integrated into regular business processes.
- Your audience are non-tech managers but be prepared to illustrate your approach to fellow data scientists reviewing your work.
- How are shrinkage rate and pool size related?
- Bonus: How would switching to scenario two change your approach, which limitations would be introduced?
- Bonus: How would switching to scenario two change your approach, which limitations are introduced and how would you adjust your model to accomodate best?

## Additional Instructions

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