Munich-based Thetaris has announced the laucnh of Theta Suite XL, a Microsoft Excel toolkit designed specifically for Monte Carlo simulation. The toolkit uses a proprietary coding language, ThetaML, ...
The Monte Carlo simulation technique, named for the famous Monaco gambling resort, originated during World War II as a way to model potential outcomes from a random chain of events. It is particularly ...
In 2010 I helped a startup IPO by creating a custom Monte Carlo planning tool in C# that estimated the likelihood that their new small business product would ship on schedule. The output of this tool ...
We offer the scientific, government, business, and policy communities a simulation tool to predict and monitor the effects of the changing dynamics of coronavirus disease 2019 select COVID-19) on the ...
I am looking to estimate the potential for failure in a complex system using Monte Carlo simulation. I am quite familiar with using MC for engineering simulations, but have never approached the ...
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