Cash flow is essential to the success of your business. Your business can survive for a while if it is unprofitable, but it will not last long if it does not have the cash to pay its bills.

This article deals with the problem of local sensitivity analysis, that is, how sensitive are the results of a statistical analysis to changes in the data? A general methodology of sensitivity ...

The art of estimations is pretty much a physicist's bread and butter. We all love a good estimation problem. You might also hear these called a "back of the envelope" calculation, or a calculation on ...

Imagine you're cooking a new recipe. You have the ingredients, the instructions and the tools. Yet, as you cook, you run into problems: some ingredients need more prep time, the oven heats unevenly ...

The subject of this paper is the M/G/∞ estimation problem: the goal is to estimate the service time distribution G of the M/G/∞ queue from the arrival–departure observations without identification of ...