Tag Archives: iteration

Estimation: converging to useful estimates

Estimation is a fascinating area in science and engineering, and it is increasingly coming to the fore in other fields. With healthcare projects becoming increasingly complex and driven by growing regulation, estimation is a mix of art and science that needs to be mastered.

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Optimization: basic concepts and potential benefits

Optimization is yet another important field in mathematics and engineering, with many useful real-life applications in planning and other areas. In essence, it is a mathematical approach to solving problems that have as a general goal finding the best outcome possible.
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