Palisade Custom Runtime (PCR) Custom Applications Outside the Spreadsheet – for Web, Network, or Desktop Take @RISK and DecisionTools out of Excel Palisade Custom Runtime (PCR) is a programming toolkit for adding the power of @RISK and DecisionTools functionality to...
Real options are the flexibilities that are inherent in general business or other decision situations. In general, a real option is present in any decision situation involving a decision-chance-decision sequence; the possibility to (at the second decision) select from...
As green options move toward becoming the norm, new risks can result, such as whether environmentally-friendly materials can withstand a major earthquake, hurricane or flood. Green builders are turning to Monte Carlo simulation, a computational model that examines all...