Autobox Now Certified for SIPmath Tools

Hatboro, Pa. (June 9th, 2014) - Autobox Now Certified for SIPmath Tools! Forecasting meets Simulation!


Point Forecasts suffer from the FLAW of Averages!  

 

It's a new class of data called "Simulated Forecasts".  You can use it to evaluate the risk of your shortfall. What is the risk that you won't be able to pay back the loan?  Do you have enough capacity to meet demand?


Point forecasts don't give you the full picture. By using a distribution of forecasts instead of a point forecast you can get a wide range of possibilities to then use ProbabilityManagement.org's SIPmath 2.0 Tools to evaluate risk! 

See the article in INFORMS Magazine from December 2013 where it discusses this in full here and see the Simulation tool here. Once you have Autobox's simulated forecasts to use, just search on "shortfall" and download the Excel tool/model and you can get better insight.

Autobox is the first to deliver these forecasts ready for this free and easy to use tool for the evaluation of risk! Autobox delivers XML files ready for use with the SIPmath Tools. Instead of one forecast, you can tell Autobox to deliver 1,000 forecasts to allow for a wide spectrum of possibilities from which you can use in easy to run Excel models already pre-constructed by ProbabilityManagement.org.  You can evaluate your risk instead of ignoring it.

Here is Probability Mangement's Press Release
Email us at  This e-mail address is being protected from spambots. You need JavaScript enabled to view it  for a demo to test out.

 

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Media Contact 

Diane Poncia This e-mail address is being protected from spambots. You need JavaScript enabled to view it 215-675-0652

 
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