An optimization problem is one where you have to make the best decision (choose the best investments, minimize your company’s costs, find the class schedule with the fewest morning classes, or so on).

Microsoft Excel is a powerful tool for carrying out complex calculations. If you work on Excel, then you might come across performing mathematical operations almost every day. Sometimes, we face ...

Alan Veliz-Cuba has received funding from the Simons Foundation and the American Mathematical Society for some of his research. You can probably think of a time when you’ve used math to solve an ...

One of the most important tools in critical thinking about numbers is to grant yourself permission to generate wrong answers to mathematical problems you encounter. Deliberately wrong answers!

Five steps to ensure that you don’t jump to solutions by Julia Binder and Michael D. Watkins When business leaders confront complex problems, there’s a powerful impulse to dive right into “solving” ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...