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Published byCharlene Simmons Modified over 9 years ago
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By: Mitchell Kattengell and Ryan Anderson
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DecisionTools Suite Overview 100% within excel – supports Excel 2000 and higher. Support parallel processing- Speed up large Monte Carlo simulations by using available CPUs within a single machine. Fully integrated suite- Easily install and migrate between component tools; apply analyses from one tool to another tool’s model for greater insight.
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Easy to Use The DecisionTools Suite integrates completely with your spreadsheet All DecisionTools Suite functions are true Excel functions, and behave exactly as native Excel functions do. Windows are all linked directly to cells in your spreadsheet, so changes in one place are carried out in the other. Graphs point to their cells via callout windows. Support for drag-and-drop use, context-sensitive right- click menus, and feature specific toolbars.
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@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. Fully translated into Spanish, German, French, Portuguese and Japanese.
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PrecisionTree Performs decision analysis in Microsoft Excel using decision trees and influence diagrams. Decision trees let you visually map out complex, multi-layered decisions in a sequential, organized manner. Aids in identifying all possible alternatives and choose the best option
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TopRank Performs automated “what if” sensitivity analysis on Microsoft Excel spreadsheets. Ranks and identifies all input factors that will affect the bottom line of your decision.
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Neural Tools Uses Microsoft Excel to make predictions using advanced neural networks. Neural tools uses pre-existing data to learn patterns so it may make predictions using new incomplete data. Predictions are automatically updated as new information is inputted into the system
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Neural Tools Neural Tools can be combined with Evolver to optimize complex problems. Neural Tools can also be combined with RISK Optimizer. This allows the user to run Monte Carlo simulations on each trial solution and make live predictions of the results.
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Stat Tools Uses Microsoft Excel to forecast time-series and statistical analysis. Stat Tools replace Excel’s default statistics functions with it’s more accurate functions.
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Evolver Evolver uses Microsoft Excel to perform genetic algorithm-based optimization. Evolver is excellent for solving the best overall global solution to nonlinear, complex problems. Evolver constantly try new solutions to give the best solution.
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Risk Optimizer Combines Optimization with Monte Carlo simulations to solve optimization problems under uncertainty. Risk Optimizer will try different combinations of adjustable cells to achieve the goal you define.
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