Practical Spreadsheet Modeling Using @Risk 1st Edition

Monetary establishment for Practical Spreadsheet Modeling Using @Hazard 1st Edition is a valuable resource for individuals looking to enhance their spreadsheet modeling skills and delve into the world of decision analysis models. The book focuses on utilizing Monte Carlo simulation to provide a quantitative analysis of uncertainties and key risk drivers across various industries such as healthcare, transportation, finance, technology, and more. With real-world examples and practical insights, readers can learn how to effectively use simulation modeling to make informed decisions and explore different scenarios.

ISBN: 9780367173869

Author(s)

Biography

Dale E. Lehman, PhD, is a Professor of Business Administration and the Director of EMBA in Business Analytics at Loras College. With a wealth of experience in teaching and research, he has published extensively in microeconomics, particularly in industries like telecommunications, healthcare, and natural resources. Additionally, he has authored three previous books in these areas.

Huybert Groenendaal, PhD, serves as the Managing Director at EpiX Analytics. With expertise in risk modeling for decision-making across various sectors such as business development, financial valuation, and R&D portfolio analysis, he brings a wealth of knowledge to the table. He is known for conducting risk analysis training sessions in different industries.

Whether you are a graduate student, an advanced undergraduate, or a practitioner seeking to improve your spreadsheet modeling skills, Practical Spreadsheet Modeling Using @Risk 1st Edition provides valuable insights and best practices to excel in simulation modeling of decision issues.

FAQs

Q: What topics are covered in the book?
A: The book covers the utilization of Monte Carlo simulation for quantitative analysis of uncertainties and key risk drivers in various industries like healthcare, transportation, finance, and more.

Q: Who is the target audience for this book?
A: The book is suitable for graduate students, advanced undergraduates, and practitioners in fields amenable to simulation modeling of decision issues such as business, public policy, healthcare management, and more.

Q: Are there practical examples included in the book?
A: Yes, the book presents numerous examples based on real data and practical decisions in different settings to showcase the application of simulation modeling in acquiring decision insights.

Conclusion

In conclusion, Practical Spreadsheet Modeling Using @Risk 1st Edition is a comprehensive guide that equips readers with the necessary skills and knowledge to excel in spreadsheet modeling and decision analysis. With a focus on practical applications and real-world scenarios, this book is a valuable resource for students and professionals looking to enhance their understanding of Monte Carlo simulation and risk modeling in various industries.