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Statistical Analysis for Decision Support Tools in Multiple Testing and Internet A/B Testing

Sean Salleh 19 Nov 2013 Modeling methods, Risk and uncertainty

Like retail storefronts with well-dressed mannequins, many internet-facing businesses seek to design their webpages with artistry and easily usable services to meet their goals. Pharmaceutical companies test different treatments to find the best of the bunch. Plastics companies building quality...

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Macro and Micro Level New Organic Food Sales Forecasting via Predictive Analytics

Sean Salleh 14 Nov 2013 Analytics and OR, Modeling methods

Quarterly business reviews can be stressful: recent performance is critiqued and sales forecasts and targets are to be made. The organic food industry, with 20% annual growth since 1990 according to  a 2008  Agribusiness research report,  is no exception from...

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Green Decision Analysis and Preferences from Paper Towels to Cars

Sean Salleh 13 Nov 2013 Analytics and OR, Energy and environment, Modeling methods

You stop by the store to buy some stuff before heading home from work. Cereal, pasta sauce, and pomegranate juice land in your cart, but then you pause to decide on which paper towel to get: a brand name pictured...

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Kite Energy Analysis, Planning, and Location

Sean Salleh 07 Nov 2013 Energy and environment, Modeling methods, Risk and uncertainty

Let’s go fly a kite- not just for fun but to power the world! However bold and ambitious, this is the subject of a 2009 article published in the Energies section of mdpi.com by geological and ecological scientists Cristina...

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Electric Vehicle Charging Scheduling and Station Location via Operations Research

Sean Salleh 05 Nov 2013 Analytics and OR, Case studies and applications, Modeling methods

Like the rebirth of 90’s fashion in a Web 2.0 world, the electric vehicle is back and more beautiful, in the form of the Tesla Model S and the Chevy Volt, among others. Both supply and demand in this market...

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Energy Optimization of Buildings through Customer Usage and Surveys

Sean Salleh 31 Oct 2013 Energy and environment, Risk and uncertainty

On the road to downtown, a façade of clouds hover about the forest of buildings. Air pollution is quite noticeable to the naked eye, but the lit rooms in skyscrapers at midnight portend a different pollution. There is a...

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Better Workforce Planning with Social Network Analysis

Sean Salleh 29 Oct 2013 Analytics and OR, Modeling methods

Your company must decide on which revenue streams to scale up or down to hit a major goal in the future. You may not have a team ready with the scientific and data acrobatic chops needed to find a solution....

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Green Decision Analysis on Prices and Profits

Sean Salleh 25 Oct 2013 Energy and environment

Moral pressure to be eco-friendly is certainly one motivating factor for manufacturers to go green. But if going green can be a factor that boosts product popularity and profitability, saving the environment is likely to happen faster too. How much...

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Standard Deviation or Standard Error – Just Personal Preference?

Sean Salleh 24 Oct 2013 Risk and uncertainty

Figuring out what people mean is important. Are they talking about standard deviation? Or about standard error? Or do they consider the two things to be equivalent? The only way to find out is to check on how the two...

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Uncertainty Analysis: Are You Sure About What You’re Not Sure About?

Sean Salleh 23 Oct 2013 Risk and uncertainty

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 also arises in other dimensions than the input data alone. Uncertainty analysis extends...

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