Optimizing your Decision Making Models with Evolver and RISKOptimizer

Presented by

Michelle Jackson, Palisade

About this talk

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.

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Palisade Company is the world’s leading provider of risk and decision analysis software solutions for science and industry. Our array of software products and custom services enhance the management experience by combining the latest in cutting-edge technology with over 35 years of analytics experience. Palisade’s unified software platform helps clients increase margins, improve performance, expand market share, and maximize operational efficiencies. We have a very simple mission: to minimize risk while maximizing potential.