Tune in December 11, 2014 at 11:00 AM EST
Kurt Rinehart, consultant, and Francisco J. Zagmutt, managing partner, both at EpiX Analytics, present a demonstration in which they discuss several case studies from their client work where they had to strike a balance between model realism and structural simplicity when doing models for mining and oil and gas:
Rinehart and Zagmutt write, “Good model design allows translating the essential needs of the decision-maker into an efficient and effective tool. The design of the model will determine the time required building it and running it, but also how data-intensive the model will be. Model design also has implications for risk management and decision making.”
Learn more about savvy model design during this informative webcast.