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Planning for Contingency Jan 31, 2003 (Download .pdf 54.5 KB)

As the USA celebrated the 30th anniversary of the Apollo moon landing in 1999, the notion that the July 1969 mission could have turned tragic seemed, in retrospect, inconceivable. But the Nixon administration devised a contingency plan
in case.... read more

Why Model Jan 15, 2003 (Download .pdf 45.5 KB)

Modeling brings the power of mathematical abstraction to domain reality to solve problems. Meaningful and relevant modeling is a product of close and continuous interaction between the decision maker and the modeling experts.... read more

Travel Route Optimization Dec 31, 2002 (Download .pdf 165 KB)

One of the most involved problems in Operations Research is to find the shortest path connecting a set of given points. Travel Route Optimization can generate a route that results in the optimization of a business objective, subject to a set of constraints.... read more

Simulation: Befriend Uncertainty Dec 15, 2002 (Download .pdf 55.5 KB)

Simulation is 'modeling the uncertain' in a risk-free environment. Simulation forms an essential numerical tool to solve a complex problem where.... read more

Data Mining: Let the data tell its story Nov 30,2002 (Download .pdf 55.6 KB)

Data mining is the art and science of extracting hidden patterns from the accumulated data for decision-making. It has emerged as a valuable decision support tool.... read more

Irrationality & Decision Sciences Nov 15, 2002 (Download .pdf 48.8 KB)

A stunning survey of psychological research showed that irrational behavior is far more widespread and normal than is generally believed.... read more