Blog

Welcome to the Lumina blog!

Faster evaluation in Analytica 4.6

As we celebrate the release of Analytica 4.6 this week, I thought I would share the results of some benchmark timings that I carried out to test how the evaluation speed in 4.6 compares with the previous two Analytica releases.<...

» more

Analytica 4.6 beta available

The first beta release of Analytica 4.6 and ADE is now available. This kicks off the beta testing cycle for this next release of Analytica and ADE. To see a list of new enhancements, visit What’s New in Analytica 4.6?<...

» more

Cost effectiveness of installing rooftop solar panels

If you are new to modeling, it can be very helpful to watch someone build a model from start to finish. I created a model to decide whether it would be cost-effective to install solar panels on the roof...

» more

Marginal Abatement

Analytica models in the energy sector often include a Marginal Abatement graph for CO2 emissions. In this post I explain briefly what a Marginal Abatement graph is and provide steps for creating one of these graphs in Analytica.

...

» more

An Interesting Christmas Gift

Over the holidays, the New York Times delivered an unusual juxtaposition of headlines and content, and apparent lack of self-awareness, to illicit such a hearty chuckle from its readers as to make the cheerful Old...

» more

Greenhouse Gas Emissions and Energy Expenditure from Santa’s global tour

In a few weeks, Santa Claus will embark on his annual Christmas eve ritual, delivering presents to the good little boys and girls around the world. In this article, I look at the net energy expenditure and greenhouse gas...

» more

Congratulations to Dr. Max Henrion for Decision Analysis Society's 2014 Best Practice Award

 

 

 

I want to offer my congratulations to my colleague here at Lumina Decision Systems, our CEO Dr. Max Henrion. The annual INFORMS conference took place this week in...

» more

Latin Hypercube vs. Monte Carlo Sampling

In a recent post on Linked In, David Vose argues that the advantages of Latin Hypercube sampling (LHS) over Monte Carlo are so minimal that "LHS does not deserve a place in modern simulation software." [1]  He makes some interesting...

» more

The Value of Knowing What You Don't Know

Few of us really like uncertainty. It fills us with dread. It frustrates our planning efforts. It makes analyzing its effects complex. After all, where in a spreadsheet do you put uncertain values for revenue or costs? Admittedly, accounting...

» more

Announcing Analytica 4.5

Lumina Decision Systems has announced the release of Analytica 4.5.

One change that is sure to garner lots of attention is the new Analytica Free 101 edition. That's right -- there is now a fully functional edition of Analytica...

» more