In this webinar, we demonstrate how to elevate the decision making process for your toughest business decisions by marrying Monte Carlo simulation to optimization with RISKOptimizer, a.k.a.: Optimization under uncertainty.
We’ll begin with an introduction to optimization using Evolver, followed by an introduction to probabilistic analysis with Monte Carlo simulation.
The presentation then shifts into cruising mode with a series of example models demonstrating RISKOptimizer’s 6 different solving methods (recipe, order, grouping, budget, project, schedule).
We will also compare and contrast the differences between Evolver and RISKOptimizer and why you may want to use one over the other.
This webinar is part of the "Inside the DecisionTools Suite" series, designed to introduce you to the products that make up the complete Suite.
Presenter: Michelle Jackson