Category Archives: Decision Modeling

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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Challenge June-2024 “Stable Marriage Problem”

Posted on June 5, 2024 by decisionmanagementcommunity

This challenge deals with the famous stable marriage problem:  Given n men and n women, where each person has ranked all members of the opposite sex in order of preference, marry the men and women together such that there are no two people of opposite … Continue reading →

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DM Vendors adding GenAI to their Products

Posted on April 19, 2024 by decisionmanagementcommunity

Sparkling Logic announced the launch of AI Assistant, that leverages a large language model (LLM) form of generative AI pre-trained on various decision management tasks. Users will be able to interact with AI Assistant using natural language to create and … Continue reading →

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Challenge Apr-2024: Lookup Tables in Decision Models

Posted on April 5, 2024 by decisionmanagementcommunity

Business decision models frequently use lookup tables that may contain thousands of data rows. There are at least two issues to be addressed when representing lookup tables: 1) users need to be able to modify the table data without modifications … Continue reading →

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Challenge March-2024 “Analyzing Employees”

Posted on March 26, 2024 by decisionmanagementcommunity

Decision models (similarly to databases) frequently deal with analysis of collections of objects. This month’s Challenge deals with such a situation: you need to help an HR office create a rules-based service to analyze its employees. Each employee  has a … Continue reading →

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