Discrete Distribution for Simulation in Strategic Modeling

Summary

Assign probablities to discrete input values

Content

Requestor:

Customer: Shell, The Hauge, Netherlands

Partner: Strategy Lighthouse

 

Discrete Probability Distribution - Functionality Description

Discrete probability distribution allows uncertain variables to be assigned with a value and a probability.

The Input screen could look like:

For v305 Sales Volumes:

1. Input Value 1: 1000 , Input Value 1 Probability: 0.3
2. Input Value 2: 1100 , Input Value 1 Probability: 0.1
3. Input Value 3: 1200 , Input Value 1 Probability: 0.15
4. Input Value 1: 1300 , Input Value 1 Probability: 0.3
5. Input Value 1: 1000 , Input Value 1 Probability: 0.1
6. Input Value 1: …….. , Input Value 1 Probability: …..
7. Etc