An optimization problem is one where you have to make the best decision (choose the best investments, minimize your company’s costs, find the class schedule with the fewest morning classes, or so on).

Excel, VBA, basic math skills and background finance knowledge provide a good foundation for using financial models. Suitable for financial projections of all types, models identify and display ...

Businesses need money. Crazy idea, right? Well, when you're planning for the future of your business, it helps to use financial models to understand exactly where your money is coming and going — ...

JuMP is an open-source modeling language that allows users to express a wide range of optimization problems (linear, mixed-integer, quadratic, conic-quadratic, semidefinite, and nonlinear) in a ...

What if you could build a fully functional financial model in minutes, without spending hours wrestling with formulas, cleaning messy data, or manually updating projections? With the introduction of ...

In 2024, a national hardlines retailer confronted the problem directly. With offshore lead times stretching to 20 weeks, small forecasting errors cascaded into service risk. At one distribution center ...

Originally, we analyzed and predicted refining margins manually using Excel, but now we have built visualized data by coding ...