Keywords: Monte Carlo simulation simulate risk uncertainty random
SimRisk 2003, the successor to SIMULATE 2000, is a Monte Carlo simulation package written as an Excel add-in.
By popular demand, version 3.1 is now retrofitted to work with Excel 97!
For installation instructions see Common Installation Instructions for Office add-ins.
The original version, called SIMULATE, was created in 1996 and used to introduce simulation concepts to MBA students at the Simon School of Business (at the University of Rochester). Subsequent requests from various professors, who used it in their respective advanced courses, resulted in revisions leading up to SIMULATE99. The first version without any academic connections was SIMULATE2000 and SimRisk 2003 is the follow on successor.