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@RISK II Video Series: Profit -- Chapter 11.6

 
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Playing the Videos


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Profit Setup: This shows the initial spreadsheet setup for the profit problem that is a continuation of the break even problem. No @RISK or uncertainty is discussed. I followed 11.6 pretty closely.

Profit Uncertainty: The variables for the profit problem are given distributions. The Discrete, the Uniform, and the Triangular distributions are used. I show how to remove the previous output for the break even value.

Profit Sim Results: I give the steps for running the Monte Carlo simulation in @RISK, and I discuss the output window of the simulation. A graph (distribution) of the profit values is produced, as well as a tornado diagram.


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Last Updated November 21, 2002 by prp.
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