You might expect that the huge spike in natural gas prices arising from Russia’s war on Ukraine might have a …
The effects of gas prices and electricity tariffs on heat pump economics Read More »
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 »
Can you save money by switching to an EV? Electric vehicle (EV) prices have been coming down and gas prices are skyrocketing. How do various vehicles compare in terms of total cost of ownership?
As COVID-19 testing becomes a routine part of doing business, some operations face the question of whether testing should be …
Voluntary vs. mandatory testing for naval crew selection Read More »
On Monday of this week, the Imperial College COVID-19 Response Team released an influential report that forecasts how social isolation …
How social isolation impacts COVID-19 spread in the US: A Markov model approach Read More »
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 more I learn about our Analytica users, the more I discover that “those who like it, like it a lot” …
Analytica 5.0 has a long list of new features which you can review on our “What’s new in Analytica 5.0?” …
Using computed cell formatting to create a color map Read More »
I want to offer my congratulations to my colleague here at Lumina Decision Systems, our CEO Dr. Max Henrion. …
Few of us really like uncertainty. It fills us with dread. It frustrates our planning efforts. It makes analyzing its …
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