Lawrence Livermore National Laboratory (LLNL) has released a new tool designed to help the fusion energy industry assess the ...
Economic Model Predictive Control (EMPC) represents an evolution of traditional control strategies, where the primary objective is to directly optimise an economic cost function rather than merely ...
LONDON - OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets are still ...
Is lockdown an effective response to a pandemic, or would it be better to let individuals spontaneously reduce their risk of infection? Research published today suggests these two highly-debated ...
BROOKLINE, Mass. & SHEFFIELD, United Kingdom--(BUSINESS WIRE)--Policy Analysis Inc. (PAI) and BresMed, two leading health-economics and outcomes research consultancies, are pleased to announce that ...
LONDON (Reuters Breakingviews) - Monday’s 2018 Nobel economics prize can be looked at in two ways. On the bright side, it is an award for long-term thinking and common sense. Less charitably, Paul ...
The traditional economic model of quality of conformance graph, proposed by J. M. Juran in 1962, demonstrates how the cost of producing your product drops when a quality assurance program begins, only ...