Official blog of Palisade. Tips on making better decisions with analytics, news about the risk and decision analysis field, and updates from Palisade.
National Grid UK, the electricity transmission system owner for England and Wales and the system operator for all of Great Britain, uses @RISK’s probabilistic modeling techniques to measure network restoration performance in a variety of simulated failure scenarios. In other words, if the system, or part of it, somehow breaks down, the people at the …
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CONTI-Group has been a leader in the shipping industry since 1970, operating a large, deep-sea fleet in Germany as well as being an established global provider of ship investment funds. With commercial shipping being one of the most economical and ecological modes of transport for cargo, tangible shipping assets, including tankers and carrier vessels, represent …
Due in part to the significant impact of hurricane season on the Gulf Coast of the U.S., Louisiana is considered a “wet lab” for emergency preparedness. As part of its annual preparations, the State creates and maintains plans that involve the full coastal evacuation of entire hospitals and nursing homes in Southeastern Louisiana, mostly via …
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Real option valuations are used by existing or prospective owners of power plants to support acquisition, divestiture, development, or retirement decisions. Owners of power plants also use real option valuations to support capital decisions, such as the installation of environmental controls, the expansion of plant capacity, or equipment to improve efficiency. L.E. Peabody & Associates, …
With $10 Billion in annual sales, 450 different products, 18 different plants and selling in more than 100 different countries, Amway‘s operations are vast and complex. Faced with a planned expansion that eventually added five new manufacturing sites, the Industrial Engineering team wanted to find a solution that required less time for data collection, thereby …
Continue reading “Amway Improves Capacity Planning with @RISK and Palisade Custom Services”
Join us in a city near you for an intensive conference on best practices in risk and decision analysis! These events are free to attend and promise to be invaluable opportunities for broadening one’s knowledge of risk modeling, and networking with decision-making professionals in a range of industries. Benefits of Palisade Risk Conferences: Get more …
Continue reading “Palisade Risk Conferences 2017: Pharma/Biotech in Mass., plus Bogotá and London”
Intellectual property (IP) is one of the most valuable assets early stage companies own, and one of the many challenges faced by these companies with no assets other than untested technology is how to determine a fair market value for their IP should they face a civil lawsuit. IP makes a huge contribution to local, national …
Continue reading “From Boardroom to Courtroom: Using @RISK to Value Early-Stage Companies”
Sustainable ‘green’ practices have been a growing focus as individuals, corporations, and governments consider issues such as global warming, highly volatile markets, and urban sprawl. For a Fortune 100 mining company, these concepts have become a key part of managing cleanups and hazardous waste sites to increase the environmental, social, and economic benefits of the …
Continue reading “Integral Consulting Uses @RISK to Help Protect the Environment”
While news headlines regularly report on acute health issues relating to food and beverages, such as E. coli outbreaks and salmonella poisoning, very little is known about the adverse health issues caused by the longer-term intake of contaminants in those foods and beverages – including carcinogens. The University of Victoria (UVic), a national and international …
As the public becomes more aware of environmental issues and global warming, consumers are asking more questions about the products they purchase. This has resulted in a growing number of companies considering the move to green supply chain management (GSCM) and integrating environmental thinking into their supply chain management. “Many companies are concerned that changing …
Continue reading “@RISK Manages Operational Risks in the Green Supply Chain”
