The original version of this story appeared in Quanta Magazine. In 1939, upon arriving late to his statistics course at UC Berkeley, George Dantzig—a first-year graduate student—copied two problems ...

The world according to Jim: • It’s time. It’s past time, in fact. Time not only to change the process of deciding a college football champion, but time to change the entire face of the sport, after a ...

Here’s what doesn’t make sense. The Fed is cutting rates while inflation sits at 3%, still running hot above their 2% target. September’s inflation data showed the highest reading since January 2025, ...

Dec 1 (Reuters) - BofA Global Research on Monday said it now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its December meeting, citing weak labor market conditions and ...

"As of 12 p.m. CT, no aircraft were left to be updated of the 209 impacted," the company said. "American expects no further operational impact related to the Emergency Airworthiness Directive and ...

The leading approach to the simplex method, a widely used technique for balancing complex logistical constraints, can’t get any better. In 1939, upon arriving late to his statistics course at the ...

A new study by Shanghai Jiao Tong University and SII Generative AI Research Lab (GAIR) shows that training large language models (LLMs) for complex, autonomous tasks does not require massive datasets.

DCF model estimates stock value by discounting expected future cash flows to present value. Using multiple valuation methods with DCF can enhance accuracy in stock evaluations. DCF's effectiveness is ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of inventory accounting like ...

ABSTRACT: This paper deals with linear programming techniques and their application in optimizing lecture rooms in an institution. This linear programming formulated based on the available secondary ...