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Logistic Regression

Logistic regression is the most well known ML algorithm after linear regression. From multiple points of view, linear regression and logistic regression are comparative. Be that as it may, the greatest contrast lies in what they are utilized for. Logistic regression calculations are utilized to foresee/estimate esteems yet strategic relapse is utilized for characterization assignments. There are numerous grouping errands done routinely by individuals. For instance, arranging whether an email is a spam or not, characterizing whether a tumor is…...

Logistics Model

Logistics is the process that ensures that ‘the right item in the right quantity at the right time at the right place for the right price in the right condition is delivered to the right customer’. This involves planning, implementing as well as controlling of the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer & legal requirements. (Wikipedia. 2008).…...

North Atlantic Liner Trade Logistics

Due to the globalization, the whole world has converted into a global village. All the companies that are involved in the activities of exporting and importing are using different mediums of logistics such as road transport, air transport, water transport, etc. Ship transport or water transport is primarily used for the transportation of people and non perishable goods. Ship transport is not so fast as compared to air transport but for the transportation of heavy quantity of non perishable goods,…...

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Optimizing logistic cost in global supply chain

Supply chain is the handling of raw materials and services from dealers to manufacturer or service provider to purchaser and back with development of the communal and environmental impacts. The supply chain believes the contacts between a business and its purchasers and dealers. The greatest advantages are derived by expanding the focus as much as possible upstream towards the raw materials, downstream towards the customer and then back again as the manufactured goods and wastes are reprocessed. The emphasis has…...

Reverse logistics

Logistics Services In Netherland The FGS reverse logistics management expertise available in the Netherlands can deliver a reduction in total cost of service to Companies in the Netherlands while also improving end-customer satisfaction levels by ensuring the returns process is a convenient and efficient experience. Reverse logistics services in Netherlands include the management of all major categories of product returns including defective and dead-on-arrival products, buyer remorse returns, demo returns and stock rotation returns. By leveraging our integrated network of…...

The logistical implications of global sourcing

The logistical implications The logistical implications of global sourcing makes its prominence for the reduction in transport costs and location of economic activity. Fawcett and Birou, 1992; Das and Handfield, 1997 as cited in Eui Hong and Matthias Holweg presents another important logistics issue in global sourcing, which is a compatibility check between JIT sourcing and global sourcing. As JIT sourcing places emphasis on the delivery of small quantities in frequent intervals, whereas the large distance of global sources commands…...

Digitalization In The Automotive Industry

The automotive industry has witnessed a significant transformation with the integration of telecommunications and informatics ever since the advent of the Global Positioning System (GPS). Telematics has become an indispensable part of the transportation sector. Primarily being linked with infotainment systems in cars, telematics has come a long way and is now being implemented in monitoring a variety of vehicle parameters, which can be associated with a single vehicle to a huge fleet. In order to achieve the goal of…...

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