Salesforce Performance Attributes and Prediction

Running the sales arm of a company has its mix of regular client communications and stressful growth seeking periods. Good management of the salesforce and expectations from executives to salespeople demands understanding attributes of salesforce performance. Imagine needing to...

» more

Smart Grid Electricity Management and Decision Analytics

To smart or not to smart, that is the question! Except, despite what our TV offerings often display, going smart is always the best choice. Like any human-made system, we should aim toward smart designs, and we need this...

» more

Electricity Price Forecasting via Time-Series, Regression, and Nearest Neighbor Models

Flip the switch and the light goes on. How simple it is to take this for granted. Large-scale engineered and networked systems manage our daily electrical needs, and many negotiations and transactions happen so that we can fire up...

» more

Predictive Analytics and Theories for Crude Oil Price Fluctuations Using Time-Series Models

What’s in a barrel of crude oil? For starters, its price affects global economies. The Asian Financial Crisis that started in 1997 had international investors put a lid on funding, which sparked reductions in oil exports. With boiling demand...

» more

Predictive Analytics for Commercial Air Travel Demand from Passenger Decision to Individual Market M

The recent global recession that spread since 2008 hit us hard, and commercial air travel received no dispensation. Although jet fuel prices dropped in 2009, the dwindling air travel demand produced a “worst-ever” performance for world air carriers, as noted...

» more

Risk Analysis Methods from Probability, Clustering, to Multi-attribute Utility Theory

Machine failure, patient injury, terrorist attacks, and oil spills are just a few events we endure and have to prepare for in life, and they are things that we have to manage. It is hard to manage things that...

» more

Risk Management Analytics in Clinical Trials via Data Quality Assurance and Methods

Whether they are for preventing malaria, detecting melanoma, diagnosing Alzheimer’s disease, treating diabetes, or improving the quality of life for soldiers post-war, clinical trials are crucial. Invalid conclusions from these trials can lead to an array of detrimental...

» more

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

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...

» more

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

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...

» more

Green Decision Analysis and Preferences from Paper Towels to Cars

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...

» more