Ever Wanted to Look into a Crystal Ball?
Philip Hulsebosch, Trexco b.v.
Who does not want to know the future? Only a few people like risk and uncertainty. In the old Greek mythology, the Oracle of Delphi was consulted for decision making, and it was assumed to be inspired by the gods (Hyperion was one of them). The myth is, the oracle looked into a crystal ball and saw the future. Some of us still rely on this kind of approach, others using statistical methods.
Oracle Crystal Ball (CB) is an analytical tool to simulate, quantify, and manage risk and uncertainty in a spreadsheet model. It is a Microsoft Excel add-in that is leveraging the easy interface of a spreadsheet and the calculation power and modelling capabilities of Excel. Crystal Ball adds strong statistical and analytical functionality, which should validate a model with scientific measures.You must be a member of ODTUG to access Technical Journal articles. There are three membership options, including a free Associate Membership. Join now.
