OR/MS Today, August 2002

Spreadsheet Add-Ins for OR/MS
Software Survey


Suites — Table 2

Product Commercial Limitations Educational Limitations Comments
Crystal Ball 2000 Professional Edition No limitations, registration number required. All academic licenses are valid for one year. Academic software pricing includes installation support. General technical support on the product is not available. A powerful, easy-to-use suite of risk analysis, optimization, and time-series forecasting software. A Microsoft Excel add-in that uses Monte Carlo simulation to manage uncertainty in spreadsheet modeling.
DecisionTools Suite - Depends on educational option Complete risk and decision analysis toolkit. Performsrisk analysis with @RISK, then analyze choices with PrecisionTree. Fit distributions to data with BestFit, and view and create distributions with RISKview.
INSIGHT.xla (V.2-12/02) Monte Carlo Simulation: 1,000,000 Iterations; 50+ output cells; 50+ parameters. Monte Carlo Simulation: 10,000 Iterations; 5 output cells; 5 parameters An "essentials" suite of add-ins for decision making under uncertainty. Easy to use and accompanied by Sam Savage's text that is filled with realistic examples and software tutorials.
INSIGHT.xla bundled with XLSim - - Save $20 when INSIGHT and XLSim are purchased together at Web site.

Spreadsheet Add-Ins for OR/MS Software Survey Pages:
Introduction | Optimization: Table 1, Table 2 | Simulation: Table 1, Table 2 | Decision Analysis: Table 1, Table 2 | Forecasting: Table 1, Table 2 | Queueing Analysis: Table 1, Table 2 | Suites: Table 1, Table 2 | Vendors | Freeware | Application Summaries | Accompanying Article



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