Will Aviation Biofuels Fly? @RISK Helps Assess Two Different Government Policies

Developing biofuels for aircraft is a risky endeavor, as transforming plant material into liquid fuel is still very expensive compared to the price of fossil fuels. Dr. Wallace Tyner and his colleagues at Purdue University used @RISK to conduct a cost-benefit analysis of building an aviation biofuel plant, and to determine the potential impacts of […]

Counting Cars: @RISK Models Traffic Congestion

In their article titled “Estimation of Mixed Traffic Densities in Congested Roads Using Monte Carlo Analysis” in Air & Waste Management Association’s April 2015 EM Magazine, authors Brian Freeman, Bahram Gharabaghi, and Jesse Thé use @RISK to create a novel method to estimate the number and type of vehicles on a 1-km stretch congested roadway. […]

Financial Portfolio Models, by Chris Albright

In this video, Chris Albright, one of Palisade’s expert trainers, walks through examining a financial portfolio with @RISK software.  He first explains the basics of an example without uncertainty, and then demonstrates examples with uncertainty involved.  Albright introduces using put options, performing a sensitivity analysis, utilizing Goal Seek and RISKOptimizer, and focusing on correlations within […]