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Practical Spreadsheet Modeling Using @Risk
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Practical Spreadsheet Modeling Using @Risk

Book Details

Format Hardback or Cased Book
ISBN-10 0367173867
ISBN-13 9780367173869
Publisher Taylor & Francis Ltd
Imprint Chapman & Hall/CRC
Country of Manufacture GB
Country of Publication GB
Publication Date Dec 2nd, 2019
Print length 222 Pages
Weight 780 grams
Dimensions 18.60 x 25.70 x 1.70 cms
Product Classification: Economic statisticsBusiness strategy
Ksh 25,200.00
Werezi Extended Catalogue 0 in stock

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Risk analytics is developing rapidly, and analysts in the field need material that is theoretically sound as well as practical and straightforward. A one-stop resource for quantitative risk analysis, this book dispenses concentrates on how powerful techniques and methods can be used correctly within a spreadsheet-based environment

Practical Spreadsheet Modeling Using @Risk provides a guide of how to construct applied decision analysis models in spreadsheets. The focus is on the use of Monte Carlo simulation to provide quantitative assessment of uncertainties and key risk drivers. The book presents numerous examples based on real data and relevant practical decisions in a variety of settings, including health care, transportation, finance, natural resources, technology, manufacturing, retail, and sports and entertainment. All examples involve decision problems where uncertainties make simulation modeling useful to obtain decision insights and explore alternative choices. Good spreadsheet modeling practices are highlighted. The book is suitable for graduate students or advanced undergraduates in business, public policy, health care administration, or any field amenable to simulation modeling of decision problems. The book is also useful for applied practitioners seeking to build or enhance their spreadsheet modeling skills.

Features

  • Step-by-step examples of spreadsheet modeling and risk analysis in a variety of fields
  • Description of probabilistic methods, their theoretical foundations, and their practical application in a spreadsheet environment
  • Extensive example models and exercises based on real data and relevant decision problems
  • Comprehensive use of the @Risk software for simulation analysis, including a free one-year educational software license

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