Selecting the location of a store or store branch is not an easy task and it has a direct effect on the future success or failure of the business. The combination of variables such as product ...
Mexico recently surpassed the United States, being now the country with highest rates of overweight and obesity in adults, according to a study published in September 2010 by the Organization for ...
Setting the price of any product or service can certainly be overwhelming for any business owner. But the truth is that price is one of the most important elements of the marketing strategy (product, ...
Nowadays 15 thousand terabytes* of information are generated daily. The adage that “information is power” seems less valid as time goes by; since data by itself does not make decisions. To take ...
In an article entitled "Incentives for an Alternate Route: Finding the Logistics Capacity of a Multimodal Corridor" (cited at the bottom of the page), TIS Group contributors published general ...
A stochastic system or process is one whose behavior is non-deterministic. This means that a system’s subsequent state is determined both by the process’ predictable actions and by a random element. ...