How to run Monte Carlo simulations in Visyond

Monte Carlo Simulation replaces the input(s) with random variables with a specified distribution and it shows the output cell (and its descriptive statistics) when the input(s) have the selected probability distributions.   The settings menu simply requires you to choose a cell you want to analyse and the drivers that…

Scenario analysis shows how an output varies when inputs are driven by scenarios created. Scenario Analysis uses Cases. When you and your collaborators have added multiple cases (assumptions) in some cells, you can combine any case combination into a scenario and compare instantly results under all the scenarios created. In…