A fast and reliable financial risk analysis tool that uses the Monte Carlo pattern and helps you analyze your possible business profit
You don't have to spend money on expensive lessons to use YourSim. Its interface is simple and intuitive, a window with only the most important data to relate to, regarding demand, price and variable and fixed costs.
YourSim template will allow users to apply the Monte Carlo simulation method on their business data and calculate possible profit.
There are no dialogue boxes (except standard Excel warnings if you use unvalid data), this is a straight Excel 4 MB spreadsheet workbook with no macros or other code applied. Just enter your numbers, decide how they are distributed, make up your mind about how your business is sited and organized, or let the model take any scenario into consideration.
For complex problems with uncertain inputs, computer supported Monte Carlo simulation is often the only feasible option.
For that reason it is widely used in meteorology, finance and a large number of scientific disciplines to forecast scenarios that are probability distributed. YourSim provides a simple and cheap analysis tool based on broadly accepted scientific methods.
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What's New in This Release:
- Better help, smaller size