Decision analysis & multi-criteria

Machine failure, patient injury, terrorist attacks, and oil spills are just a few events we endure and have to prepare for in life. It is hard to manage things that are not ...

Tracking uncertainty in the input data in a model and showing how different degrees of such uncertainty affect the final result are strengths of Analytica. However, uncertainty ...

For Decision Strategies, Inc., the recommendation is clear: ‘Executives who are hesitant about using decision support systems should consider Analytica.’ Pointing executives...

Out of descriptive, predictive and decision analytics, decision analytics are squarely in the here and now. If you look at the Lumina analogy of driving a car, you’ll see several ...

What should you expect in terms of profitability when modeling software as a service? Conventional business theory says an enterprise cannot be unprofitable over too long a time...

If a model is to yield a result, it needs data. Data are described by a data model, sometimes very simple (‘year’); sometimes more complex (energy consumption by type of energy, ...

Do we actively poison our environment? Some would say yes – that the substances we artificially produce are positively noxious, pointing to vehicle emissions and sewage as ...

Decision tree analysis in healthcare can be applied when choices or outcomes of treatment are uncertain, and when such choices and outcomes are significant ...