»Watch now: “Introduction to Risk and Decision Analysis using the DecisionTools Suite” This webinar is designed to provide an entry-level introduction into probabilistic analysis and will show how Monte Carlo simulation and other techniques can be applied to your everyday business analyses. If you build models in Excel then Palisade solutions can almost certainly help you …
Tag Archives: StatTools
Is it Best to Hedge Your Lettuce? @RISK and StatTools Help Answer the Question
Agriculture is traditionally one of the highest risk economic activities. In California, many produce farm operations use a rule-of-thumb to manage their seasonal finances–often aiming to contract 80% of their crop in advance to buyers at set prices, and leaving the remaining 20% to be sold at spot prices in the open market. The rationale …
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Professor Hooked on @RISK Brings its Benefits to Cal State Monterey Bay
Dr. Sumadhur Shakya, Assistant Professor of Operations Management & Agribusiness at California State University, Monterey Bay (CSUMB), has used @RISK in his own academic research and as a teaching tool in his classes, Operations Management and Supply Chain Management. Indeed, thanks to his championing of the software, 360 students at CSUMB will use @RISK, annually, …
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VIDEO: Introduction to the DecisionTools Suite
Do you use @RISK but haven’t explored the other Palisade Tools? It’s time you branched out to explore the DecisionTools Suite, which, in addition to @RISK for Monte Carlo simulation, includes PrecisionTree for decision trees, and TopRank for “what if” sensitivity analysis. In addition, the DecisionTools Suite comes with StatTools for statistical analysis and forecasting, …
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NeuralTools Nets More Dollars for Business Financing Firm
Lending companies are only able to make a profit if their clients pay back their loans. But how do you know which client to lend to? And how much to lend? These are the type of questions that can make or break a financing firm, and that’s why Business Backer, a lending firm for small …
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Palisade Software Helps Major Electronics Retailer Save Millions
A major electronics retailer was in trouble—their financial services department was near extinction, and needed to find a way to create greater savings. As a solution, they looked at increasing the issuance and utilization of its private label credit card (PLCC) to offset some of the nearly $370 million in annual interchange fees (the transaction …
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