Looking for inspiration for your models? Palisade just added 5 new Example Models!

Palisade provides a collection of example spreadsheet models that highlight different applications of @RISK and the DecisionTools Suite. These example files demonstrate a variety of risk analysis solutions, including credit risk analysis, financial risk analysis, energy risk analysis and more! Below are a sample of five of our newly posted example models.

5 New Example Models from Palisade

Price Evolution in Markov Chain (Minimum edition: @RISK 6.0 Standard)
A Markov chain is a process observed through time where the probability distribution of the next state of the process, given the current state, is independent of the past states. When dealing with Markov chains, it is always interesting to see whether future statistics depend much on the starting state.
» Download Example Model

Projecting Oil Prices (Minimum edition: @RISK 6.0 Industrial)
This model illustrates one possible way oil prices might change through time, as influenced by the market. @RISK's distribution fitting tool is used to simulate future absolute price changes based on historical daily oil prices.
» Download Example Model

Hydroelectric Power (Minimum edition: @RISK 6.0 Standard)
This model illustrates one possible simulation of hydroelectric power generation for a 120-month horizon. There are three sources of uncertainty: monthly desired power (as a percentage of the maximum possible output), monthly rainfall, and monthly evaporation. This model is based on Roy L. Nersesian's book Energy Risk Modeling.
» Download Example Model

Solar and Wind Power 1 (Minimum edition: @RISK 6.0 Standard)
This model illustrates the daily output of a combination of solar and wind energy units. The solar unit is affected by cloud cover with a temperature adjustment. The wind unit is modeled by a random wind speed and an ouput function of this wind speed. The @RISK outputs include hourly and total daily output values for solar, wind, and combined solar and wind. This model is based on Roy L. Nersesian's book Energy Risk Modeling.
» Download Example Model

Solar and Wind Power 2 (Minimum edition: @RISK 6.0 Industrial)
This example extends the previously listed Solar and Wind Power 1 model. Its goal is to use RISKOptimizer to find the best combination of solar and wind units to match uncertain energy demands for a 100-day period. This model is based on Roy L. Nersesian's book Energy Risk Modeling.
» Download Example Model

 

The above example files deal with risk analysis solutions in the marketing and energy sectors.  Palisade also offers example models in a variety of other industries including academia, agriculture, construction, pharmaceutical, transportation and more!

» View other @RISK and the DecisionTools Suite example models

» Download a free trial version of the DecisionTools Suite to view the models in full

 

See also: New in DecisionTools Suite 6: New Examples and Tutorials

 

 

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