Hi Manos, Great question - I researched and tried to develop the model (based on chapter 9 of Copeland's book) and unfortunately have to agree with you that ...
Copelands book on Real Options is very good but unfortunately full of errors. In any event, they published a PDF with corrections that I've posted on the group...
Hi everyone, Can anyone send me a simple example of how to do a CB simulation within iterations? Basically, I would like to perform simulation on a particular...
Hi Huybert, Thanks for your early response. I think that the definition between Spearman and Pearson correlation coefficients has been very helpful. However,...
Hi Huybert & all, Maybe I am not understanding the 2D simulation tool functionality, but it seems quite different from what i want to do. Let me lay out ...
Hi Ketan, Thanks for clarifying - given your description below, I agree that you probably don't need the 2D simulation tool. You said your company like to...
When I create a simple multi variable (with tolerance) equation with uniform distributed variables assumptions, the forecast of the equation when single...
Folks, I am getting an error when loading CB. "System clock has been set back" I am told the software is seeing a file with a newer than today's date on...
All, This error occurs frequently on academic systems. The clock has been changed on the system and files have been created that are ahead of the current...
Suppose you are using Optquest and CB to solve the following problem. You are exploring for oil. You can buy a license to explore a field with 20 prospects. ...
What kind of stoppingrule are you looking for? If it is when do you stop drilling exploration wells, you could use price of oil and/or number of dry holes,...
Thanks for your response, Tony. To answer your questions, I'm looking for a stoping rule for exploration drilling. I'd thought about your suggestions but have ...
Tony, I sent you a response a while ago but don't see it here yet; perhaps it's being reviewed by the moderators... I hope it shows up soon. I am trying to...
There's a lot to think about in your two responses. Unfortunately, there's not always a very satisfactory answer. But I'll try anyway... You would hope...
Check out also SPE paper 102369, Modeling Dependence Among Geologic Risks in Sequential Exploration Decisions by Bickel et al. Tony ... perhaps ... and ... ...
I have X amt of $. I would like to invest in 6 different areas of drugs [A, B, C, D, E, F). Due to future unforseen circumstances beyond control, marketing...
What I believe you've identified are the makings of a decision analysis, where you are trying to choose an alternative in the face of uncertainty that has the...
Hello all, I'm a newbie here and I'm looking for help on one of the example files included in CB Professional, specifically the valuestream file. My question...
How do I set up a model where I analyze real estate properties? I have a simple model House 1 House 2 House 3 House 4 and so on Average price of homes in that...
I am running several scenarios [simulation running] and while the scenarios are running how do I capture the lowest or highest value from 1 Cell to another...
Hello Phil, If I understand your question correctly, you can define a Crystal Ball function on your spreadsheet to retrieve the minimum and maximum values from...
Hey Phil, From your question, I am guessing that you do not have much experience with Crystal Ball. So if this answer seems aimed lower than you were hoping, I...
Hi Phil, Happy New Year to all! Just to add to Nick's useful comments, retrieving the minimum and maximum values of a forecast has a few weaknesses to it: 1....
Windows Vista and Microsoft Office 2007 (Office 12) have been released to manufacturing (RTM). A general release of these two Microsoft products is scheduled...
Hi all, I have the following question: I have a number of percentile values for some data (for instance I know that the 10% = $1, 20% = $5, …, ). Is it...
Hello Ioannis, You can definitely do this with CB. Only requirement is that you must have an idea about the distribution. For e.g., if you have 10% and 20% ...
Hi Ioannis, Just a quick note to add to Samik's useful comment on how to fit a distribution to your percentile data. Samik suggestion works well but assumes...