Monte Carlo Simulations

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New Contributor

Monte Carlo Simulations

Dear Anaplanners,

 

I would like to know if Monte Carlo Simulations are possible on the Anaplan platform ? I would appreciate to any kind of help pertaining to this topic. Thanks a lot.

 

regards,

Krishna Veera

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Occasional Contributor

Re: Monte Carlo Simulations

There are some challenges you must overcome to build Monte Carlo simulations in Anaplan.

 

Anaplan does not include a pseudo-random number generator.  You either have to implement your own using Anaplan formulas and functions, or import a file of data generated by an external psuedo-random number generator.  From that point, you want to generate values at random from a probability distribution.  You will need to implement the probability distributions using Anaplan formulas and functions.

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New Contributor

Re: Monte Carlo Simulations

Thanks Michael.
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