Textbooks Textbooks Bundled with Palisade Software Palisade Software is a Key Component of Many College Textbooks Used at top business schools worldwide, over 60,000 students per year are learning Palisade software through college coursework. The following books...
This blog briefly posts some fairly standard “best practice principles” in Excel modeling. The following principles are generally to be applied to Excel models (in fact, in practice, many of these may need to be varied or interpreted in a slightly different way than...
This blog briefly posts some fairly standard (but not fully accepted, and more often simply not implemented!) “best practice principles” in Excel modelling. A later blog discusses a related topic as to whether risk modelling (when building Monte Carlo simulation...
When using @RISK (risk analysis software for conducting Monte Carlo simulations in Microsoft Excel), one of the output graphs is a tornado graph. Such graphs have their most direct interpretation for linear models with independent input distributions, such as in most...