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"SimDec is a revolution in decision-making support. SimDec "teases out" inherent cause-and-effect relationships and reveals the intricacy of relationships between sets of input and output variables. At its core, SimDec is an amalgamation of uncertainty and global sensitivity analysis with an...
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number function in most spreadsheet programs, simulation models can be carried out within the spreadsheet. How the waiting …‐line problem can be simulated using a spreadsheet package is demonstrated. The simulation process serves as a decision …
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into forecast and simulation complexity. Thereby, we aim to identify elements of model complexity that are crucial for the … basis of a Monte Carlo simulation. This model is applied for in a case study, i.e. a project financed gas power plant. The … analysis reveals, among others, the following results: First, risk-neutral valuation should be used for determining the cost of …
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einer Monte Carlo-Simulation wird eine stochastische Unternehmensentwicklung abgebildet. Das Modell zeigt auf, dass eine …
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