What is the optimal level of digitization? Copy URL LinkedIn Twitter Facebook Subscribe SpotifyApple “You've got to be price competitive, that's all. You do not need to be the cheapest. In fact, I think it's a good idea not to be the cheapest because then it’s a race to the bo...
What Is LQR Optimal Control? | State Space, Part 4 From the series: State Space Brian Douglas LQR is a type of optimal control based on state-space representation. In this video, we introduce this topic at a very high level so that you walk away with an understanding of the control ...
This paper investigates the level and the determinants of the optimal number of hedge fund managers in a Fund of Hedge Funds (FOFs). The paper also analyzes the impact that this level has on the performance and the volatility of returns of the typical FOF. Several important findings emerge....
A simulation consists of inputs like the object or process and the external agents or forces that will impact it. The output is a report or analysis on the system’s performance, letting you identify the area or point in time where it needs improvement based on the forces that will affect...
Gartner defines artificial intelligence(AI) as applying advanced analysis and logic-based techniques, including machine learning (ML), to interpret events, support and automate decisions, and take actions. This definition is consistent with the current and emerging state of AI technologies and capabiliti...
What is RCM? Reliability centered maintenance (RCM) is a process whereby organizations identify the physical assets, such as machines or tools, required to produce their products. And create a comprehensive strategy for keeping them online and operating at an optimal level. ...
Today, there are many AI-powered technology platforms that can monitor your inventory to find the optimal price points for your products, based on demand. This will benefit your business and your customers. Supply chain The supply chain is the entire network involved in the sourcing and procureme...
Economic theorists have long believed that companies can become inefficient if they become too large. For any given combination of thefactors of production(land, labor and capital equipment), there is an optimal scale for operational efficiency. Firms that outgrow their optimum scales cease experiencin...
Financial risk relates to the capital structure of a company. A company needs to have an optimal level of debt and equity to continue to grow and meet its financial obligations. A weak capital structure may lead to inconsistent earnings and cash flow that could prevent a company from trading....
a company, but it has some limits. Marginal costs rarely decrease perpetually. Operations can become too large at some point to keep experiencing significant economies of scale. This can force companies to innovate, improve theirworking capital, or remain at their present optimal level of ...