New in DecisionTools Suite 5.7
All products in the DecisionTools Suite 5.7 are fully compatible with 64-bit Excel 2010. 64-bit technology enables Excel and DecisionTools products to access much more computer memory than ever before.
This allows for vastly larger models and greater computational power.
In addition, all products in the DecisionTools Suite have been fully translated into Spanish, German, French, Portuguese, Japanese and Chinese. All dialogs, menus, documentation, examples and tutorials have been carefully translated, making the DecisionTools Suite more accessible to decision makers around the world.
Language Versions
All products in the DecisionTools Suite have been fully translated into Spanish, Portuguese, German, French, and Japanese. All dialogs, menus, documentation, examples and tutorials have been carefully translated, making the DecisionTools Suite more accessible to decision makers around the world. You can switch language settings from within any DecisionTools program, even if you do not have administrator rights.
DecisionTools Launch Menu
This lets you conveniently launch any DecisionTools product from within any running DecisionTools product. Start PrecisionTree from within @RISK with a single click!
DecisionTools Products Now Appear in Excel's Add-in List
You have always been allowed to add any DecisionTools add-in (such as Risk.xla) to the Excel add-ins list so it will automatically load every time Excel starts. However, this process was cumbersome because it required you to browse for the correct file. Now, each DecisionTools product will automatically appear in the add-ins list (unchecked) the first time you launch it, making it easier to access.
DecisionTools That Work Together in Excel
The DecisionTools Suite is an integrated set of programs designed to work together in Microsoft Excel to provide combined analyses for optimum decision analysis in one package! The DecisionTools Suite brings together: @RISK, PrecisionTree®, TopRank®, RISKOptimizer®, BestFit® , and @RISKAccelerator®. Installation is fast and easy, using a single CD-ROM. The programs themselves have been designed to work together in an integrated environment, running from a common toolbar in Microsoft Excel. All have Microsoft Office-style interfaces, menus, and toolbars. This means that you don’t have to spend a lot of time learning how to use the DecisionTools Suite.
Greater Than the Sum of its Parts
Each component of the DecisionTools Suite can perform a powerful analysis. When you combine these products, you can perform analyses with more complete results than any single program can provide. Incorporate decision analysis in your spreadsheet model by creating a decision tree with PrecisionTree. Then perform a “What-if” analysis with TopRank to identify critical variables in the model. Bring in @RISK to analyze the risk inherent in the chance events and uncertain payoffs of your PrecisionTree model. Use BestFit to quantify risks in your @RISK, PrecisionTree, and TopRank models. Perform a risk analysis of uncertain factors with @RISK, then use RISKOptimizer to help allocate variables you can control.
@RISK 5.5 for risk analysis using Monte Carlo simulation @RISK performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your Microsoft Excel spreadsheet—and tells you how likely they are to occur. This means you can judge which risks to take and which ones to avoid.
Greater Than the Sum of its Parts
Each component of the DecisionTools Suite can perform a powerful analysis. When you combine these products, you can achieve more complete results than any single program can provide.
@RISK and TopRank
The focus of an @RISK analysis can be narrowed using TopRank. Especially with large models, this saves time and improves accuracy of your @RISK analysis. @RISK functions can also be used by TopRank to represent a wider range of values than TopRank’s standard functions.
@RISK and PrecisionTree
In addition, @RISK can be combined with PrecisionTree to represent uncertain chance events and payoffs in decision tree models. This enhances the accuracy of decision tree models by considering wider ranges of values for chance events instead of a few limited, discrete options.
@RISK then StatTools
@RISK results can be run through a StatTools analysis to assess confidence intervals. @RISK can also be applied to results from a StatTools time-series forecast to simulate possible outcomes with more precision.
Two Editions to Meet Your Needs
Components:
The DecisionTools Suite includes the following tools:
@RISK
The popular risk analysis add-in to Excel that helps you identify hidden opportunities and avoid pitfalls. Add the power of Monte Carlo simulation to any Excel spreadsheet. Replace uncertain values in your spreadsheet with @RISK distribution functions and simulate. Use historical data to select your @RISK functions. The result is a distribution of possible outcomes and the probabilities of those outcomes occurring. Use presentation-quality graphs and charts to explain your findings to others.
PrecisionTree
The decision analysis add-in for Excel that lets you illustrate to others what you should do and why. Create decision trees and influence diagrams in your spreadsheets. Use decision trees to visually model a sequence of decision-making events. Results include a full statistical report, sensitivity charts and risk profile graphs.
TopRank
The “what-if” add-in to Excel that narrows your analytical focus in seconds.
Determine the most critical factors in your spreadsheets automatically. TopRank scans your entire spreadsheet and identifies which cells affect your bottom line the most, and then ranks them in easy-to-understand Tornado charts and statistical reports.
RISKOptimizer
Solve tough combinatorial problems like never before with this optimization add-in to Excel. Use genetic algorithms to find the best possible combination of controllable factors to lead to a desired result. Then run a Monte Carlo simulation on the scenario to see the effects of uncontrollable variables. RISKOptimizer combines these analyses automatically. Available in DecisionTools Suite Industrial.
…And more!
| INDUSTRY |
SAMPLE APPLICATION |
FINANCE AND SECURITIES
» Details
» Case Studies
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Retirement planning
Currency valuation
Real options analysis
Discounted Cash Flow analysis
Value-at-risk
Portfolio optimization |
INSURANCE / REINSURANCE
» Details
» Case Studies |
Loss reserves estimation
Premium pricing |
MANUFACTURING
» Details
» Case Studies |
Six Sigma and quality analysis
New product analysis
Production siting
Plant shutdown
Product life cycle analysis |
OIL / GAS / ENERGY
» Details
» Case Studies
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Six Sigma and quality analysis
Exploration and production
Oil reserves estimation
Capital project estimation
Pricing
Regulation compliance |
PHARMACEUTICALS / MEDICAL / HEALTHCARE
» Details
» Case Studies |
New product analysis
R&D estimation
Disease infection estimation |
ENVIRONMENT
» Details
» Case Studies |
Endangered species preservation
Pollution cleanup and projections |
GOVERNMENT AND DEFENSE
» Details
» Case Studies |
Resource allocation
War games
Welfare and budgetary projections |
AEROSPACE AND TRANSPORTATION
» Details
» Case Studies |
Cost estimating
Highway planning and optimization
Supply chain distribution |
100% Excel
@RISK simulations are calculated 100% within Excel, supported by Palisade sampling and statistics proven in over twenty years of use. Palisade does not attempt to rewrite Excel in an external recalculator to gain speed. A single recalculation from an unsupported or poorly reproduced macro or function can dramatically change your results. Where will it occur, and when? Palisade harnesses the power of multiple CPUs and multi-core processors to give you the fastest calculations. Correct results—and fast—using @RISK and the DecisionTools Suite!
COMPATIBILITY: DecisionTools Suite is compatible with PC Excel 2000 and higher and PC Windows 2000 and higher.
NOTE: For more information about this product, please take a look to the PDF of DecisionTools Suite Brochure. |
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