@Risk risk analysis software introduction
This article is translated by China Science Software Network
@Risk Risk Analysis Software
Don't you want to know the odds of profit or loss in the next risk? Or the chances of completing the project on time and within the budget? How likely is the discovery of oil or gas? What is the quantity?
Everyone wants to know the answer to such questions. With this type of information in hand, you can make bold guesses and plan your strategy with confidence when making major decisions. With @RISK in Chinese, you can answer more questions like this in an Excel spreadsheet.
@RISK (pronounced "at risk") performs a risk analysis using Monte Carlo simulations to show possible outcomes in the spreadsheet model and tell them the likelihood of occurrence. It can objectively automatically calculate and track many different future scenarios and then inform the possibilities and risks associated with each scenario. This means that you can judge the risks you want to take and avoid, allowing you to make the best decisions in the presence of uncertainties.
@RISK can also help you plan your risk management best practices by integrating RISKOptimizer to combine Monte Carlo simulation with the latest resolution techniques to optimize spreadsheets with any uncertainty. Using genetic algorithms or OptQuest, as well as @RISK functions, RISKOptimizer determines the best resource configuration, optimal asset allocation, and the most efficient schedule, and more.
@RISK has been fully translated into Chinese. All menus, dialogs, help files, and sample files are in Chinese. At the same time, @RISK is also available in English, English, Spanish, Portuguese, German, French, Russian, Japanese and Chinese.
Excel is easy to use
@RISK is a true Microsoft Excel plugin that is fully integrated with your spreadsheet. Browse, define, and analyze — all done in Excel. All @RISK functions are real Excel functions and behave exactly the same way as Excel basic functions. The @RISK window is all directly linked to the cells in the spreadsheet, so changes are made at one location and the other locations are changed accordingly. The @RISK chart points to its cell by calling the window. Convenient drag-and-drop operations, context-sensitive right-click menus, and the @RISK toolbar allow you to quickly learn and use @RISK.
@RISK Professional Edition
@RISK Professional is designed for professional-level problems in any industry and is an excellent choice for most business users. It not only provides advanced analytics, but also has all-in-one ease of use, including:
• Integrated Distribution Fitting: Defines the distribution for you based on historical or industry data.
• @RISK Library: An SQL database for storing and sharing other @RISK distribution functions, model components, and simulation results.
• Excel Developer Kit (XDK): Automate and customize Excel for @RISK with a complete command and library that allows you to control all aspects of @RISK in a spreadsheet. Add @RISK for Excel to any custom application.
• Stress Analysis: Allows you to control the range of samples taken from the distribution function so that you can see how different scenarios affect the results without changing the model.
• Advanced Sensitivity Analysis: Allows you to see how changes in any input (distribution or general value) affect the simulation results.
• @RISK univariate solve: Use multiple simulations to determine the input value that yields the target simulation result you specify.
@RISK official version
The @RISK official version is designed for the largest and most complex models, including all the features in @RISK Professional and the following features:
• RISKOptimizer: Combines Monte Carlo simulation with sophisticated optimization techniques to determine the best combination of factors that can achieve the desired results under uncertainty. Use RISKOptimizer for resource allocation, scheduling, investing, route planning, and other types of tricky issues where you need to determine the best combination of inputs to maximize returns, minimize costs, or achieve a specific goal. RISKOptimizer uses genetic algorithms and Optquest solving methods to ensure you have the right engine for any type of problem.
• Analog Time Series Prediction: @RISK provides a new set of features for simulating time series processes or values ​​that change over time. Future planning of time series values ​​is inherently uncertain, and @RISK allows you to interpret this uncertainty by looking at possible complete time series in the model. This is very useful for financial models and portfolio simulations. Multiple functions are available for 17 different time series statistics, including ARMA, GBM, GARCH, and more. These functions are imported into Excel as array functions. @RISK also provides new windows to make historical time series data suitable for these new features. These results can be animated to show the behavior of the time series during the simulation. All of this is integrated into the existing @RISK interface.
Full support for multiple CPUs: Speed ​​up simulation by parallel processing with all multicore processors and all available CPUs in a single computer.
@RISK for Six Sigma
@RISK can also be used for Six Sigma and quality analysis to improve processes, reduce variability and improve the quality of products and services while saving costs. @RISK contains a set of Six Sigma stats, functions, and reports. With these tools, you can identify, evaluate, and discover the causes of variability in your production and service processes and designs.
100% Excel
The @RISK simulation is fully calculated in Excel and is supported by Palisade sampling and statistics that have been proven for more than two decades. Palisade does not attempt to rewrite Excel in an external recalculation program to increase speed. A recalculation of a macro or function that is unsupported or difficult to regenerate can cause significant changes in the results. When and when does it happen? Palisade uses the power of multiple CPUs and multi-core processors to give you the fastest calculations. @RISK analysis results are accurate and fast!
compatibility
The @RISK and DecisionTools Suite software is compatible with all 32-bit and 64-bit versions of Microsoft Windows XP-10, Excel 2007-2016, and Project 2007-2016.
Compatible with 64-bit versions
64-bit technology gives Excel and DecisionTools software access to unprecedented levels of computer memory. In this way, you can build larger models and gain more computing power.
@RISK 7.5 new features
1. New and improved cyclone maps - input shadows, cyclone stacking and contribution to variance
2. RISKOptimizer is 4 times faster than before
3. 22 new functions - 16 distribution functions and 6 new statistical functions
4. Graphics and report improvements, support for excel themes
5. Run target lookup, evolution or solver without VBA coding in each iteration
6. Easier access to default charts
7. Better control of cpu usage
@RISK Features and Benefits
@RISK Applicable industry and application areas
@RISK can be used to analyze risks and uncertainties in a variety of industries. From the financial industry to the technology sector, you can benefit from @RISK as long as you face uncertainty in your quantitative analysis.
Applicable industry
Finance and securities industry
»Model»Case Study
Insurance/reinsurance industry
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Oil/gas/energy
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Six Sigma / Quality Analysis
»Details and Models »Case Studies
manufacturing
Medicine / medical / health care
surroundings
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Government and national defense
Aerospace and transportation
" case study
Ningbo XISXI E-commerce Co., Ltd , https://www.petspetstoys.com