Data mining involves extracting interesting patterns from data and can be found at the heart of operational research (OR), as its aim is to create and enhance decision support systems. Even in the early days, some data mining approaches relied on traditional OR methods such as linear programming...

Insurance companies sell protection to policy holders against many types of risks: property damage or loss, health and casualties, financial losses, etc. In return for this risk protection, insurance companies receive a premium from the policy holder, which is used to cover expenses and the...

Insurance companies sell protection to policy holders against many types of risks: property damage or loss, health and casualties, financial losses, etc. In return for this risk protection, insurance companies receive a premium from the policy holder, which is used to cover expenses and the...