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Learn from others to see how Analytica has helped organizations of all shapes and sizes gain valuable insights to make more informed decisions.

Select the categories below to see industry specific examples, different tools and methodologies, gain access to open-sourced models, learn about spreadsheet conversions, integrations, modeling tips and so much more!

Making management enthusiastic about decision support software

If extensions to your business modeling activities depend on convincing upper management of the utility of business decision support software, then a few ‘selling’ tips may help.

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Operational risk scenario analysis & the bullwhip effect

If you’ve ever experienced a small change at the retailing end of a supply chain that provokes massive turbulence upstream, there’s a good chance you’ve suffered the bullwhip ...

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A quote by Donald Rumsfeld. There are known knowns. These things we know that we know. There are known unknowns. This is to say, there are things that we know we don’t know. But there are also unknown unkowns. These are the things we don’t know we don’t know.

Finding out what you don’t know with sensitivity analysis

Remember Donald Rumsfeld’s speech from 2007 on the things we know and the things we don’t? How about some uncertainty or importance analysis to go with that?

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Deterministic or Stochastic – Which business modeling should you present?

Aaah… if only someone had written a program to automatically choose the type of modeling for any given business situation. Perhaps somebody has and it is buried somewhere ...

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5 mistakes to avoid if you want to make good quantitative risk assessments

Numbers don’t lie. It’s the people using them that are responsible for falsehoods, distortions, or simply mistakes! Yet numbers have several attractions: you can compare them ...

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Business modeling needs more than spreadsheet dinosaurs

Huge body, tiny brain. Those were prominent characteristics of dinosaurs and part of their DNA. Those that were unable to cope with changes died out, although they had a good run ...

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Estimation of mutual information

A measure of association is a function that rates the strength of statistical dependence between two variables. In casual talk, people often express this idea by asserting that ...

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Never tell me the odds?

In my last post, I discussed the meaning of expected value (EV) and how it’s useful for comparing the values of choices we could make when the outcomes we face with each choice ...

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