Category Archives: Decision Modeling

Which comes first: the model or the solver?

Posted on November 13, 2024 by decisionmanagementcommunity

Such a discussion is going on on LinkedIn. There are three concepts that should not be confused.1. The business problem you aim to solve.2. The solver you use to tackle your problem.3. The model you use to tell the solver … Continue reading →

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Challenge Oct-2024 “Cheryl’s Birthday”

Posted on October 17, 2024 by decisionmanagementcommunity

This month we ask our readers to solve a well-known logic puzzle from Singapore “Cheryl’s Birthday“. The objective is to determine the birthday of a girl named Cheryl using a handful of clues given to her friends Albert and Bernard. … Continue reading →

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Nine Solutions for Sep-2024 Challenge “Rental Boats”

Posted on October 4, 2024 by decisionmanagementcommunity

This challenge is about a decision model that can help a boat rental company purchase different boats while satisfying seating, manufacturers, and limited budget requirements. We received 9 solutions and 3 of them used LLMs. Link

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DecisionCAMP Day 3 Presentations and Recordings

Posted on September 20, 2024 by decisionmanagementcommunity

Program

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DecisionCAMP Day 2 Presentations and Recordings

Posted on September 19, 2024 by decisionmanagementcommunity

Program

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DecisionCAMP Day 1 Presentations and Recordings

Posted on September 18, 2024 by decisionmanagementcommunity

Program

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Beyond Data-Driven Decisions

Posted on September 9, 2024 by decisionmanagementcommunity

This is a title of the article published by Eric Larson today. “Intelligent business leaders are noticing something important: having lots of data doesn’t always mean making good choices. So now, companies are changing how they use data. They’re moving away … Continue reading →

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Challenge Sep-2024 “Rental Boats”

Posted on September 7, 2024 by decisionmanagementcommunity

In this challenge you need to help a boat rental company to purchase different boats while satisfying seating, manufacturers, and limited budget requirements. Your solution should maximize the expected profit. Link

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Making decisions within an uncertain environment

Posted on July 23, 2024 by decisionmanagementcommunity

Warren Powell provided interesting comments the the latest NY Times article “When it comes to math, AI is dumb” that states: “Early computers followed rules. AI follows probabilities. But in mathematics, there is no probable answer, only the right one”. Probabilists … Continue reading →

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5 Submissions for July’s Challenge “Smart Investment”

Posted on July 16, 2024 by decisionmanagementcommunity

We’ve already received 5 submissions for Challenge July-2024 “Smart Investment“:

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