The increased costs, lack of reliable transportation, and scarcity of supplies all clearly tell the story that’s reigned on news feeds since 2020; The global manufacturing sector is still adjusting to the disruption of the COVID-19 pandemic and the war in Ukraine and there remains high supply chain risk. A September 2022 analysis of the […]
A Conversation with Dr. Dana Lanell In a recent podcast episode, we had the privilege of delving into the complexities of the evaluation profession with Dr. Dana Lanell, an esteemed Assistant Professor of Psychology and Evaluation at the University of Wisconsin-Stout. The conversation was rich with insights into the often-misunderstood field of evaluation. Starting out, […]
How to Optimize Production and Inventory and Improve Tolerance Stacking Through Risk Analysis and Forecasting Supply chain management issues continue to be top of mind for manufacturers, specifically issues relating to optimizing production and inventory. According to a survey of more than 200 manufacturers published by Deloitte in September 2022, part shortages impacted 57% of […]
This webinar presents an introduction on using Monte Carlo simulation to perform quantitative risk Analysis. We'll present a practical example of Cash Flow, including CAPEX, OPEX, production/sales and price risks, to show how you can quantify risks to improve your forecasts, planning, and overall management of a project with the use of probabilistic analysis.
This webinar will present how to use StatTools (part of the DecisionTools Suite) to build predictive models based on historical data using Multiple Linear Regression.
Many California produce farm operations use a rule-of-thumb to determine a hedge ratio for their seasonal productions. They often aim to contract 80% of their crop in advance to buyers at set prices, leaving the remaining 20% to be sold at spot prices in the open market. The rationale for this is based on many […]
Application Modeling the frequency and magnitude of future debris flows to determine the optimum hazard mitigation strategy. Communicating risk to clients by displaying the probability of event paths for three decisions: Existing conditions Constructing a containment dam Relocating existing residences Summary Duncan Wyllie, a Principal of Wyllie & Norrish Rock Engineers, uses the Palisade software […]
Application Modeling rock fall masses, trajectories, velocities, and energies to design rock fall protection structures. Communicating risk to clients by calculating impact energy probability so that the impact capacity of the protection structure can be matched to the consequence of an accident. Summary Duncan Wyllie, a Principal of Wyllie & Norrish Rock Engineers, uses @RISK […]
This is the official notice that, in connection with the acquisition of Palisade Group Holdings, Inc., Palisade Company LLC, QSR International, LLC, and Addinsoft, Inc., and their subsidiaries, by Lumivero LLC (“Lumivero”), Lumivero has assumed all of Palisade Group Holdings, Inc., Palisade Company LLC, QSR International, LLC, and Addinsoft, Inc.’s rights and obligations under the […]
How to Keep Supply Chains Flowing Amid Global Threats with Risk Analysis for Optimizing Manufacturing For manufacturers, COVID-19 revealed many vulnerabilities in today’s complex global supply chains and highlighted a need for optimizing manufacturing supply chains. Lockdowns shut factories, border closures disrupted shipping routes, and sudden shifts in consumer demand resulted in swollen inventories for […]