Why do consultants love Analytica?
There are two recurring themes we hear from consultants using Analytica. First, they find it fast and fun to use, …
The effects of gas prices and electricity tariffs on heat pump economics
You might expect that the huge spike in natural gas prices arising from Russia’s war on Ukraine might have a …
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Is the Fermi Paradox due to the Flaw of Averages?
Where is everybody? — Enrico Fermi The omnipresence of uncertainty is part of why making predictions and decisions is so …
Is the Fermi Paradox due to the Flaw of Averages? Read More »
Analytica User Feedback
We greatly appreciate the many Analytica users who responded to our survey. Here’s a summary of the main results. How …
Voluntary vs. mandatory testing for naval crew selection
As COVID-19 testing becomes a routine part of doing business, some operations face the question of whether testing should be …
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How social isolation impacts COVID-19 spread in the US: A Markov model approach
On Monday of this week, the Imperial College COVID-19 Response Team released an influential report that forecasts how social isolation …
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Estimating US Deaths from COVID-19 Coronavirus in 2020
We all are uncertain about how the future will unfold. This is a primary reason why decision making in business, public policy and our personal lives is so hard. As the COVID-19 Coronavirus pandemic continues to unfold [W20], we are all confronted numerous new decisions that hinge a lot on how bad this is going to get. And these are hard, because the uncertainty and the stakes are so big.
The mortality rate of the Wuhan coronavirus
It has only been about a month since the new strain of a coronavirus appeared in the city of Wuhan, …
Failure To Communicate: Why big data analytics projects fail and how to save them
If you are like most practitioners of analytics, you went into the field because you are good with numbers, and you want to help people improve the quality of decisions on important issues. But many of us spend too much time struggling to organize poorly structured data and debugging complex spreadsheets or code and too little time engaging directly with our clients to help them clarify their objectives and decisions, brainstorm better decision options, and explore, visualize and understand the results. Without this kind of interaction, the analysis may fail to address the issues they really care about. Even if it does, clients may not develop the confidence to rely on the insights, and you end up frustrated that your hard work fails to be properly appreciated.
Read the article at Orms Today Magazine, Dec 2019
Behind the Scenes: 5.3 Color Themes
Behind the Scenes: 5.3 Color Themes – Easily change default node styles and improve models with a broader color palette. …