In my most recent blog, I discussed the idea of aligning the supply of services to market demand. My conceptualization of “alignment” specifically relates to time intervals: i.e. having people at the right place and at the right time - for example, to take advantage of opportunities - is a sign of alignment. Alignment for me is often about the relationship between capacity and incapacity: the ability to supply services versus the inability to satisfy the market demand…Continue
Added by Don Philip Faithful on June 16, 2018 at 6:30am — No Comments
A fictitious retailer which I am calling Malwart sells automobiles and automotive parts. On this blog I will be focused on the sale of a particular automobile model called the Blair - a sporty compact that can be ordered in custom colour schemes. Because all sales must be done by clients that also have accounts,…Continue
Added by Don Philip Faithful on December 24, 2017 at 6:30am — No Comments
This is the 2nd part of the series. Read the first part here: Logistic Regression Vs Decision Trees Vs SVM: Part I
In this part we’ll discuss how to choose between Logistic Regression , Decision Trees and Support Vector Machines. The most correct answer as mentioned in the …Continue
Added by Aatash Shah on November 19, 2015 at 1:00am — No Comments
Classification is one of the major problems that we solve while working on standard business problems across industries. In this article we’ll be discussing the major three of the many techniques used for the same, Logistic Regression, Decision Trees and Support Vector Machines [SVM].
All of the above listed algorithms are used in classification [ SVM and Decision Trees are also used for regression, but we are not discussing that today!]. Time and again I have seen people asking which…Continue
I am a newbie to Bigdata and would like to highlight some significant advantages if incorporated in a company's supply-chain management strategies, expecting the reader's views and suggestions.
Because, in recent past I have developed a online supply-chain management systems in which sellers and customers are matched using an algorithm. It acted as a decision support system and I needed to dig deeper on the available data to get more insights over the data pattern (even for…Continue
Post Adapted from Top 10 Big Data and Analytics References
Price is what you pay, value is what you get
- Warren Buffett
Between rising Data…Continue