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The 2014 INFORMS Annual Conference in San Francisco was quite a success. Record attendance, diverse program, great city, lovely weather: who can ask for more? SAS and, in particular, SAS/OR was well-represented with a number of talks in all areas of operations research. Here is a somewhat arbitrary selection, please click
Can you spare a few minutes to assist researchers at the Lancaster Centre for Forecasting? We have been commissioned by the European Journal of Operational Research to write a review article on Supply Chain Forecasting. In undertaking this task, we would like to ensure that the topics covered reflect the priorities
For many industries, big data analytics have opened numerous doors for more employees to be groundbreaking and to challenge the corporate status quo. Prior to big data technologies, risk taking behaviors were primarily reserved for provocative souls who stretched organizational boundaries to disrupt industries, such as airline revenue management. There were winners and losers
Don't be shy! Interviewing people BEFORE or AFTER a facilitated session just takes a bit of confidence, and good preparation. Building your confidence gets easier and easier the more you participate in interviews. The objective is to prepare and not waste anyone’s valuable time. I like to prepare notes based on
With Turkey Day coming up in a couple days, one thing I know I'm looking forward to is help from my parents, so my husband and I can catch up on some much needed sleep....oh the joys of being parents of little guys! This week, I'm pleased to
SAS software contains a lot of features, and each release adds more.To make sure that you do not miss new features that appear in the SAS/IML language, the word cloud on the right sidebar of my blog contains numbers that relate to SAS or SAS/IML releases. For example, you can
Well, this is a kick to the giblets. I assumed when I was summoned to the White House it was in recognition of my tireless advocacy for turkey rights. I wasn’t expecting a press conference in the rose garden or anything, just a meet and greet with the prez and
Not all fraud originates from the dark underground of criminal enterprises. In fact, fraud could literally be right under our noses, or in the cubicle next to us. The “Insider Threat” has many names – internal fraud, occupational fraud, even espionage – and uses authorized internal access and knowledge to
Every day there are news stories of fraud perpetrated against federal government programs. Topping the list are Medicaid and Medicare schemes which costs taxpayers an estimated $100 billion a year. Fraud also is rampant in other important federal programs, including unemployment and disability benefits, health care, food stamps, tax collection,
Many managers still perceive data quality projects to be a technical endeavour. Data being the domain of IT and therefore an initiative that can be mapped out on a traditional project plan with well-defined exit criteria and a clear statement of requirements. I used to believe this myth too. Coming
Arrays are a powerful SAS programming tool. They can be used to simplify coding for repetitive calculations, to transpose data and to evaluate variables in a non-sequential manner. Sometimes users are intimidated by the term array, but in SAS, an array is simply a grouping of variables that lasts for
Hadoop recently turned eight years old, but it was only 3-4 years ago that Hadoop really started gaining traction. It had many of us “older” BI/DW folks scratching our heads wondering what Hadoop was up to and if our tried-and-true enterprise data warehouse (EDW) ecosystems were in jeopardy. You didn't
When it comes to fraud detection and risk mitigation, predictive modeling has earned a reputation as the “heavy hitter” in the realm of data analytics. As our celebration of International Fraud Awareness Week continues, I would challenge our readers to ask themselves this question, “Is the reliance upon predictive analytics
Every year, on 11 November at 11 am – the eleventh hour of the eleventh day of the eleventh month – we pause to remember those men and women who have died or suffered in all wars, conflicts and peace operations. Therefore November 11 is also known as Remembrance Day,
What's the probability that a firm will default on its debt? That’s the big question for many financial institutions. One way you can answer it is with credit risk modeling. Starting today, we’re offering a new Business Knowledge Series course on that topic through our popular e-Learning format. That means