Roulette wheel

Case Studies | Analytica in Risk and Uncertainty

From its inception, Analytica was designed to analyze risk and uncertainty  -- unlike spreadsheet applications which require special add-ins.  Analytica's fully integrated  features for Monte Carlo simulation make it remarkably simple to add treatment of uncertainty and twenty times faster to run than standard spreadsheets. Analytica's influence diagrams let you specify variables as uncertain simply by selecting an oval node to depict a chance variable. You can then select from a wide range of probability distributions, single or multivariate.  You can view the results in almost any way you can imagine, density functions, cumulative distributions, probability bands, basic statistics, or even the underlying random sample values (if you really like the nitty gritty).

Risk analysts have been using Analytica for twenty years for a huge variety of areas. See below for a few examples.

St. Helena, CA

How much water do we have?

In the small Napa Valley municpality of St. Helena, the increasingly limited supply of water has been at the heart of community discussion. ... »more

From controversy to consensus: Decommissioning California’s offshore oil platforms

Should the 27 defunct oil platforms off the coast of California be dismantled? Or convert to artificial reefs for marine ecosystems?  »more
Flood in Ho Chi Minh City

Reducing flood risk in Ho Chi Minh City

After a devastating flood in Ho Chi Minh City, the World Bank worked with the city to develop a robust strategy for flood control to... »more

Integrated Climate Assessment Model

ICAM is possibly the most sophisticated environmental model created with Analytica. Experiments with ICAM have generated a wide range of valuable insights and numerous publications. »more

An integrated assessment of acid rain

A team of over 30 scientists at 11 organizations developed TAF as an integrated environmental assessment to help answer this question for the National Acid Precipitation Assessment... »more

Are farmed salmon safe to eat?

Are farmed salmon safe to eat? Finnish Public Health analysts show that eating farmed salmon is much healthier than beef. »more

Are cows worse than cars for greenhouse gas?

It turns out that methane from cows, pigs, and sheep generates more greenhouse warming than cars, trucks, trains, and planes combined. Canada uses Analytica to... »more

Bechtel SAIC

Bechtel SAIC selected Analytica after comparing 12 software tools to evaluate the lifecycle costs and revenues for the proposed repository for high-level radioactive waste at... »more
Earthquake

Earthquake insurance - Cost-effective modeling

Certus Consulting’s analysis of earthquake scenarios and insurance rates helped a San Francisco county optimize insurance premiums and move toward a long-term risk... »more
Also See
Boeing
EPA (US Environmental Protection Agency)
KTL
SAIC (Science Applications International Corporation)
WSL (Swiss Federal Institute for Forest, Snow and Landscape Research)
World Bank