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There’s an old adage in business: “Don’t tell me your priorities; show me your budget, and I’ll tell you what your priorities are.” In today’s data-driven environment, in which efficient resource ...
Industrial organizations are racing to implement AI, yet many struggle to demonstrate concrete value from their investments. The missing element isn't better algorithms or more data; it's clarity ...
The well-known EM algorithm is an optimization transfer algorithm that depends on the notion of incomplete or missing data. By invoking convexity arguments, one can construct a variety of other ...
Although assertions have often been made about the objectives underlying the behavior of nonprofit firms, there has been no empirical confirmation of these assertions. This article proposes a way to ...