Palisade Decision Tools Suite 5.7 23

Palisade Decision Tools Suite 5.7 23

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Decision Coach - The Decision Coach is a tool for assisting the user in making decisions. It has a user interface that guides the user through the decision-making process. It is only available in the Enterprise Edition.

There are many other tools available in the suite, and more will be added as they are completed. In addition to the listed tools, there are a number of other tools available to analysts for performing a variety of tasks. The majority of these are Excel macros, but some are available as Add-Ins for Excel.

The DecisionTools Suite can be used in conjunction with a number of other products. Specifically, we have an integration with Metromile that allows the user to view the output of RiskMetrics at the monthly level and generate customized reports. Additionally, RiskMetrics is able to import and export data from Excel.

Analytics Engine - The Analytics Engine is a tool for analyzing risk distributions and performing a Monte Carlo simulation. The user can import, analyze, and export data, and create, modify, and display risk distributions. It also supports automatic data export when the user runs the software.

The DecisionTools Suite is available as a desktop application for Microsoft Windows. It is also available as a stand-alone web server that integrates with Microsoft Excel and Google Docs to add a powerful risk analysis/decision making tool to Excel or to any spreadsheet application that uses Google Docs.

The DecisionTools Suite is designed to help decision makers make informed decisions by helping them to:

Calculate the risks of decisions under uncertainty

Modify existing options to increase their expected value, or lower their risks

Design options to lower risks, and improve expected value

Analyze probabilities of events using the theory of stochastic dominance

Analyze risks and expected value using Monte Carlo simulation

The DecisionTools Suite includes the following components:

Risk Estimates

Risk Profiling

Expected Value

Likelihoods

Event Trees

Probability Trees

Simulation

Probability Reports

Calibration Report

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