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  NorthStar Solutions, LLC :: Business :: TreePlan


    TreePlan
TreePlan 

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Price: $49.00

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DESCRIPTION



TreePlan Decision Tree Add-In
For Microsoft Excel 97-2007, Windows or Macintosh
   
TreePlan helps you build a decision tree diagram in an Excel worksheet using dialog boxes. Decision trees are useful for analyzing sequential decision problems under uncertainty. Your decision tree model may include various controllable alternatives (e.g., whether to introduce a new product, whether to bid on a new project) and uncontrollable uncertainties (e.g., possible demand for a product, whether you're awarded a contract), arranged in chronological order. TreePlan automatically includes formulas for summing cash flows to obtain outcome values and for calculating rollback values for determining optimal strategy.

Benefits: * Save time by using TreePlan to quickly build a decision tree model.

* Format your decision tree using TreePlan to select cells and Excel's formatting commands.

* Use TreePlan's diagram to explain your analysis to colleagues.

* Check your assumptions using Excel's Data Table command to automate sensitivity analysis.

* Integrate your decision tree model with other Excel models.

* Easily use the single-file TreePlan add-in with no complicated installation; simply open TreePlan.xla whenever and wherever you need it.

To use TreePlan, you 
    (1) open a new worksheet, 
    (2) choose Tools | Decision Tree from Excel's menu, 
    (3) select a node to change the structure of your decision tree, 
    (4) enter branch names, cash flows, and probabilities, and 
    (5) determine the optimal strategy from TreePlan's results.


 
 
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