A major electronics retailer's financial services department needed to increase the profitability of its private label credit card. Nighthawk Intelligence used the DecisionTools Suite to examine inefficiencies and improve marketing.
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A major electronics retailer's financial services department needed to increase the profitability of its private label credit card. Nighthawk Intelligence used the DecisionTools Suite to examine inefficiencies and improve marketing.
For UK Environment Agency projects, Halcrow employs @RISK in the risk quantitative stage to set risk budgets at the start of each phase of the project commission.
With 75 gyms across Australia, Fitness First identified business electricity cost as a fiscal risk. Knowledge Global constructed an @RISK model for energy cost management.
The New York City Department of Health and Mental Hygiene led a public health project to develop new strategies to mitigate a severe influenza pandemic should one occur. This epidemiologic model integrates @RISK and RISKOptimizer in order to account for uncertainty.
Dr. Gregor Reid, a senior research scientist with the University of New Brunswick, has used @RISK models as a means to better help aquaculturists improve the efficiency of seafood farming operations.
'@RISK is used at AMSAA to help senior level officials avoid risks of schedule and cost overruns in equipping and sustaining weapons and materiel for U.S. soldiers in the field.
John Muir Land Trust, a nonprofit organization in Martinez, CA, conducts fundraising mailing campaigns twice a year. The group uses @RISK to help them better predict how effective these fundraising mailings will be, and make more informed decisions as the campaign is conducted.
Value Management Strategies, Inc. (VMS) offers risk and management consultancy to a wide number of industries and uses @RISK to accurately identify risk factors that impact budgets, schedules and scope of projects. With @RISK’s ability to forecast potential disruptions to completion and cost, VMS offers clients a roadmap to more effectively manage projects, processes, and deliver profitable programs.
An example where copulas are fitted to temperature and precipitation data.
Three different versions of a model used for the U.S. Air Force to estimate the total cost of a potential (but fictitious) missile system.
1. Deterministic model, based on point estimates.
2. Incorporation of uncertainty according to the guidelines in the Air Force handbook.
3. Incorporation of explicit correlations between selected inputs according to the guidelines in the Air Force handbook.