Resources
BC Hydro has used Palisade’s risk analysis software @RISK for electricity load forecasting for many years; this use was expanded to the DSM program. @RISK was used to capture the level of uncertainty of the estimated savings for each individual DSM project. Around 60 projects were analysed on a case-by-case basis, and a probability distribution […]
In a volatile industry sector, large energy companies are well-versed in understanding and modelling business risks such as oil and power prices to optimised insurance spending. Alesco identified alternative future strategies for the financing and transfer of key risks, using Palisade’s risk analysis tool @RISK. Alesco Risk Management Services Limited (Alesco), based in London, is […]
Long supply chains for technology companies in the United States combined with the need for timely delivery of products to customers has brought challenges to planning. The global pandemic added even more complexity to meet demand for timely delivery. Dell Technologies adopted a hybrid replenishment strategy using both ocean and air shipping to ensure inventory and service levels while reducing logistics costs. The supply chain strategy team evaluated the static initial inventory policy to identify an optimal solution that would minimize total fulfillment cost.
The use of custom Excel programming and @RISK APIs allows the automated analysis of historical data and construction of sophisticated risk models. Here, we present an application in the energy sector as an example. As part of our Custom Development services, we developed an add-in that automates the construction of a risk analysis model to assess the […]
