Price Optimization - Edeka Challenge
What is the optimal selling price for a product in stationary food retailing for a specific market location? Within this use case, the students develop answers to the following questions: On which factors depends the optimization of the market-specific LV? What could a LV optimization algorithm look like (from a business and technical perspective)? Which data science solutions can be used for this? Which architecture and technical platform are suitable for the implementation? Real but anonymized sales data is provided for a test scenario.