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Management Research


The Need For Speed 2019
The Need for Speed 2019 study compares Excel Add-in based modeling using @RISK and Crystal Ball to programming environments such as R and Julia. All 3 aspects of speed are covered [time-to-solution, time-to-answer and processing speed] in addition to accuracy and precision.<br />
Eric Torkia
Sep 264 min read


Why are analytics so important for the virtual organization? Read these quotes.
<p>Since the mid-1990s academics and business leaders have been striving to focus their businesses on what is profitable and either partnering or outsourcing the rest. I have assembled a long list of quotes that define what a virtual organization is and why it's different than conventional organizations. The point of looking at these quotes is to demonstrate that none of these models or definitions can adequately be achieved without some heavy analytics and integration of bot
Eric Torkia
Sep 264 min read


Modeling a Dynamic Trade War using Julia: Assumptions, Simulation, and Impacts on the US Economy
In today's interconnected global economy, trade wars and tariff policies can have far‐reaching impacts on domestic and international markets. This blog article is intended to foster a discussion and give fellow decision modelers and strategists (Decision Superheroes) a simple framework to understand the system dynamics of a trade war. The models were coded in Julia and all the files are available on Github.
Eric Torkia
May 2210 min read
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