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Select the categories below to see industry specific examples, different tools and methodologies, gain access to open-sourced models, learn about spreadsheet conversions, integrations, modeling tips and so much more!

OR analysis & the role of heuristics

Operational research (OR) analysis is all about modeling operational situations and problems with math, logic and scientific theory – or is it? Despite the common perception of ...

Models for tidal energy: How analytics can examine real-world environmental challenges

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 ...

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 ...

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