Sustainable energy is a great goal, but reliable, sustainable energy is even better. The sun and the wind only work for generating energy when they are present. Global demand for …
Author Posts
Models for tidal energy: How analytics can examine real-world environmental challenges
Decision analysis tools: outsourcing vs insourcing
Conventional business wisdom is currently that any non-core competence in an organization should be outsourced to an external supplier that is specialized in that competence…
Analysis in sustainable energy planning
Energy planning in general may allow for simple cost-benefit analysis; however, sustainable energy planning with the multiple factors and tradeoffs involved requires a different …
Standard deviation, sporting predictions & investments
Fancy a flutter? Actually, ‘flutters’, hunches’ and similar notions related to un-quantified intuition are avoided by many sports betting experts. They prefer a more analytical …
Measuring uncertainty in economics: chicken or egg?
Conventional wisdom has long held that uncertainty is a cause of weakening in an economy. The theory goes that uncertainty first causes people and companies wait and see before …
OR methods: the neural network misnomer
The brain in a box it is not. In terms of OR methods, ‘the neural network’ is a far more modest idea than straight AI, but it is of practical use, nonetheless. While it is true …
Using operations research for “look-ahead” inventory policies
How much inventory is held in the United States? If you count finished goods, partially finished goods and the raw materials needed to make those goods, there is over $4,000 of …
How business intelligence (BI) helps you avoid delay & boost results
Perception is not always reality. When business intelligence is often perceived by users as a ready-to-use window on their PC screen that will answer all their questions, …