We have thus shown through Monte-Carlo simulations, that the benefits of pooling will increase with the number of locations and that the benefits of risk pooling can be calculated without knowing the closed form of the demand distribution.
Good inventory management is essential to the successful operation for most organizations both because of the amount of money the inventory represents and the impact that inventories have on the daily operations.
This is a question we often hear and the simple answer is that we don’t! But by using our methods and models we can use your knowledge in such a way that it can be systematically measured and accumulated throughout the business and be presented in easy to understand graphs to the management and board. […]
Imagine you’re nicely settled down in your airline seat on a transatlantic flight – comfort-able, with a great feeling. Then the captain comes on and welcomes everybody on board and continues, “It’s the first time I fly this type of machine, so wish me luck!” Still feeling great?1 Running a company in today’s interconnected and […]
Mergers & Acquisitions is a way for companies to expand rapidly and much faster than organic growth …
We are here looking for hedge models and hedge ratio estimations techniques that are “good enough” and that can fit into valuation models using Monte Carlo simulation. The model have to be dynamic in the sense that as new data (contracts) becomes available it can read the data, perform the necessary statistical analysis, produce the hedging coefficients and do the simulations – in one go.