Looking into a mock inventory management problem

We will start with a mock example to show how multiple and conflicting objectives can be evaluated and resolved using a simple method. We will follow these steps:

1. First, we will set up the multi-objective problem.
2. Then, we will show the two competing scenarios, A and B, in code.
3. Next, we will use the probabilistic solver we used in the previous chapter and find the optimal values using D-Wave through Amazon Braket.
4. Finally, we will find a method that finds the maximum benefit for both objectives.

Setting up the multi-objective problem

Let’s set up the problem. In this hypothetical scenario of a retail store, the inventory manager is accountable for stocking products that are in demand and generating the most revenue for the company by ensuring enough products are in stock. The procurement manager is responsible for ensuring that the products are procured with the least amount of risk and cost from...