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Data Mining Problems in Retail

Highly Scalable

Retail is one of the most important business domains for data science and data mining applications because of its prolific data and numerous optimization problems such as optimal prices, discounts, recommendations, and stock levels that can be solved using data analysis methods. However, many of these models are highly parametric (i.e.

Retail 152
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The Ever Given is Not a Black Swan Event

The Agile Manager

Though supremely efficient at sea, Emma and the even larger ships that followed in her wake became a nightmare. Shippers, facing excessive capacity after the financial crisis of 2008, either went out of business, merged, or did deals to fill their ships to capacity. In other words it creates devastating Black Swans.”

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The Management Revolution that Never Happened

The Agile Manager

Technocracy was, too: "best practice" was derived from people performing narrowly defined tasks in rigid processes that yielded poor quality products at a high cost. Microcomputing was expected to change information processing patterns of businesses, enabling better analysis and decision support at lower levels of the organization.