The expectation maximization algorithm enables parameter estimation in probabilistic models with incomplete data. In summary, the expectation maximization algorithm alternates between the steps of ...

I cover the psychology of leadership. Let me give you an example of time maximization. Randy Boll, like most people, didn’t have enough time in the day to get it all done. Randy was already one ...

Pension maximization is a retirement strategy for couples that involves opting for the highest possible annuity payout for one spouse's lifetime while obtaining life insurance to provide income ...

Sales are also called revenues and result from products and services. In a perfect business world, sales maximization would work hand-in-hand with profit maximization to create the ideal scenario ...

These two motivations are the basic difference between profit and revenue maximization and illustrates the difficulty in choosing the appropriate strategy for a small business just starting out.

In justifying his attacks on Bain Capital, President Obama argues that "profit maximization" might be an appropriate goal for a private-equity firm, but not for more general public policy.

How can we make humane capitalism a reality once again? By making optimization the new maximization. Now is the time for a new financial math that simplifies what should become our common goal ...

Updated April 16, 2015, 6:46 AM There are many reasons why the law requires corporate directors and managers to pursue long-term, sustainable shareholder wealth maximization in preference to the ...