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Debleena Roy's Blog Posts Tagged 'statistics' (1)

The Poisson Pill – Just what if we can go beyond the “What ifs”?

This blog discusses the applications of Monte-Carlo simulation methods by modeling real-world situations, explaining those using well known and often researched statistical distributions such as the Poisson distribution and then applying optimization models to solve a variety of business problems thus enabling managers to take decisions by moving beyond the usual methods and what-if scenario analysis.

Introduction: The need for simulation & optimization methods

Very often…

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Added by Debleena Roy on September 5, 2014 at 5:00pm — No Comments

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