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Monte Carlo Simulation Software for Risk Analysis and Process Management

Risk Analyst performs risk analysis, applying the Monte Carlo simulation technique to simulate the outcomes of management processes, business process, sales forecast, pricing model, and more.

Monte Carlo simulation software for risk analysis management process

Monte Carlo Simulation Software for Risk Analysis and Process Management Risk Analyst helps you to build models in a way that takes into account the uncertainty inherent in the events, and applies the Monte Carlo simulation technique to simulate the outcomes of the models.

Risk Analyst is an Excel add-in software. It provides a multitude of functions that enable you to model virtually any scenario you can think of. It is fast and accurate, displaying the results of the simulation in a preview window. A fitting tool is available to help identify appropriate distribution functions for the user data, and Quick Help can be called from the tool to find out when to use each of the many functions.

Together with another MM4XL software tool called Decision Tree, Risk Analyst provides you with all the resources needed to analyze even very complex business decisions.




What: Monte carlo simulation software for risk analysis and process management

Monte carlo simulation software for risk analysis and process management
Click to enlarge
With this risk analysis tool you can build and run a Monte Carlo simulation of business and management process models, such as a sales forecast, a pricing model, a new product launch scenario, or any other scenario model.

Risk scenarios are representations of real issues that take into account the uncertainty involved in the events. A typical scenario many managers build one or more times a year is a profitability statement. Such a model is often built to estimate a Net Present Value (NPV), and it uses information that is not always obvious or univocal. For instance, how many new competitors will enter the market in the next 24 months? How will the market size change? What will our market share be? And so on. These are questions every manager could give a rough answer to, but in general they are difficult questions to answer with absolute certainty. Therefore, why should decision-makers rely on a 'single-bullet model' that cannot account for uncertainty?

Over the past two decades this question has been approached by a number of economists, and the result is the growing application of modeling techniques able to account for the uncertainty governing most scenarios, including those relating to business activities. Launching new products, optimizing processes, estimating future outcomes, finding optimal solutions, evaluating costs, scheduling operations, and more can be approached from a completely new perspective that puts the whole decisional team and its individual members in the position of thoroughly understanding the nature of managerial problems, explaining why one solution may be better than another, and showing how an action today can affect results tomorrow.

Building successful models is not an easy task, but with practice you will find that modelling will become a very rewarding activity, both in terms of your professional growth as a manager and of the wealth of the business you work in.

What users say about MM4XL software

...we have found [MM4XL software] very useful. As a result, a number of our colleagues across the organisation have requested access to the software. We are interested in increase the number that we have and I would like if you could provide me with some quotes for: An organisation wide licence, 100 additional licences...
J. T.
Interprise Ireland, Marketing Executive, Britain



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Insead, Professor, Belgium



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Prof. E.
IMHI, ESSEC-Cornell, France



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P. V. K.
Syngenta, Marketing & Business Planning, Vietnam



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R. D.
BDRC, Operations & Development Director, UK



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R. C.
Antonio Carraro SPA, Marketing, Italy



Estoy interesado en recibir los cursos de entrenamiento pero se que me sera dificil debido a que mis ingresos no me permiten estos lujos. Ya yo he trabajado con el MM4XL en varias ocasiones haciendo analisis de cartera de negocios, utilizando ambas matrices la BCG y la de Markensi (disculpeme por el error ortografico). Si al menos pudiera obtener de forma gratuita los folletos y el CD me seria de gran ayuda. Como les decia me he valido de estas herramientas para realizar analisis y me resultan muy interesantes y provechosa. Saludos y gracias por este magnifico sofware.
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Brazil



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Vodafone, Head of Customer Insight, Sweden



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T. H.
Advertising Agency, Nigeria



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K. D.
Chairman of Marketing, Business Policy and International Business Michael G. DeGroote School of Business McMaster University, Canada



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C. C. F
Marketing Professor



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W. G., Ph.D.
Evert McCabe/UPS Chair in Economics, Business and Accounting, Hillsdale College, USA



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G. L.
MBA Student, UK



Thank you for your review copy of MM4XL, which I received today. My preliminary impression is that it looks interesting and will be suitable for review in Marketing Research...
C. C., PhD
Marketing Research Magazine, Editor, Canada



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S. P.
MBA Student



This product [MM4XL software] was an interesting tool and I have forwarded information about it to a few persons more into strategic marketing than I am.
J. H.
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F. U.
University Professor, Argentina



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R. K. M.
India



I use a lot of strategic analysis in my courses which deal mainly with turning around distressed or bankrupt firms. I was wasting a lot of time to design "bubble" graphs in my Powerpoint presentations. So, I looked for a "clever" [MM4XL] software doing my job better than me with Excel or even Delta Graph or HarvardXL
A. J.
Professor, France



I have installed the [MM4XL] program and I am very impressed with its capabilities.
T. T.
Nova Southeastern University, Professor, USA



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McP
Nationwide Insurance, USA



Although I have not yet begun to work with this program [MM4XL software], my colleagues tell me it is an excellent one.
C. C. F.
Professor



I used your product [MM4XL software] under the 21 day trial and found it helpful enough that I wanted to purchase it..
J. S.
John Wiley & Sons, Inc., Director New Initiatives, USA



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G. M.
University Professor, Italy



...Your product [MM4XL software] looks very interesting and useful.
C. R., Ph.D.
Professor, Dep't of Business Information Technology, Director, The Dominion Center for Energy Modeling & Optimization Pamplin College of Business, USA



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V. G.
Roche Pharmaceuticals, USA



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K. C. Q.
Bayer Pharmaceuticals, Marketing Healthcare, Venezuela



I have referred to MM4XL in two training courses that I have delivered to major retail banks in South Africa. The two training courses were: Statistical Data Mining and Credit Risk Management [and] Business Forecasting and Decision Support for Project Managers in Retail Banking...
J. D.
ARISTA Training, South Africa



Here is a link to a marketing analytical software called MM4XL used to improve strategic decision-making. It looks quite complete and comes to a very affordable price... BTW, I am not an affiliate or a partner to this product/company.
N.
MarketingProfs.com



Thanks Mike, great tool [MM4XL software].
D. S. M.
ChemQuest, President, USA



Sehr geehrte Damen und Herren, vor einigen Jahren haben wir MM4XL erworben. Da uns die Trialversion 5.x gut gefiel moechten wir das Tool gerne weiter benutzen... Wie hoch waere der Preis fuer eine Singellizenz (falls dies moeglich ist) resp. einer Netzwerklizenz (RPS = 100 Pers.).
M. F.
Roche Pharma, Marktforschung, Schweiz



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B. J. B., PhD
University of California Los Angeles, UCLA, USA



We recently downloaded the trial version of MM4XL 5.0. We are very impressed...
P. D. V.
SmartPractice, South Africa



...I teach applied statistics in Market Research. I consider your [MM4XL] soft simply outstanding.
E. D.
Director of the graduate program in Risk and Insurance at Catholic University, Venezuela



Provide a student price for courses on marketing research using your excellent [MM4XL] software (rather than Marketing Engineering I am using now for teaching).
J. L. C.
Director du CEROG, I.A.E Graduate School of Management, France



Greetings [...]. I heard from [MM4XL software] in a magazine tried the demo and Loved it! In an interview at Panacea Magazine we talked about [MM4XL software] and concluded that it is one of the best that we have known. Congratulations!
T. O.
Cantv.net, Sales Manager, Venezuela

When: Monte carlo simulation software for business process management

Monte carlo simulation software for risk analysis and process management
Click to enlarge
Large business and management processes entailing uncertainty may put the company wealth at risk. In such cases, when uncertainty and risk fly high, it is highly recommended to build simulation models to help managers make educated decisions. This way, not only is the business decision based on solid evidence, but the overall understanding of the business context will be much clearer.


Who: Monte carlo simulation software for strategic decision-makers

The Risk Analysis tool is used by business decision-makers often supported by business analysts. Among our business decision-maker clients there are:
  • General Managers and CEOs
  • Business Directors
  • Marketing Managers
  • Pricing Managers
  • Product Portfolio Managers

Risk Analyst tool features:

feature 28 probability distribution functions (PDF) can define virtually any process
feature Every PDF is described in detail with relevant statistical measures
feature The fitting tool helps to find the right PDF for the process
feature The results of the simulation are shown in preview mode
feature Many example files help you learn simulation quickly and efficiently
feature The output report is detailed and comprehensive
feature The tool is fully integrated in MS Excel
feature Quick online help
feature The example sheets describe how to run the analysis
feature The tool works in 5 different languages: E, F, G, I, S
feature Help file with advanced description of the Risk Analyst concepts
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Risk Analyst
Price: euro 238.00

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