Forecasting Damages Using Monte Carlo Simulation In our last post, we discussed using @RISK software to navigate decision analysis challenges and determine fair market value of intellectual property. This final post will continue exploring ways to enhance your...
Decision Trees Explained In our first post, we discussed how presenting objective, realistic models that show all possible scenarios helps manage expectations early in the litigation process, setting the stage for productive settlement discussions. In this post, we...
Quantitatively Optimize Your Negotiation Strategy with Decision Trees In litigation, you often get stuck in inefficient negotiations. Between 95-97% of patent lawsuits settle before trial, but not before amassing an average of more than $2 million in expenses,...
@RISK Monte Carlo Simulations Balance Inventory with Overseas Shipments by Air and Sea ITHACA, N.Y. (November 17, 2021) – Long supply chains for technology companies in the United States combined with the need for timely delivery of products to customers has brought...
An earlier blog on Best Practice Principles in Excel Modelling generated quite some interest, as well as demand for more details on some of the points made, especially those concerning the use of named ranges risk asssessment models in Microsoft Excel. In the earlier...
