You take a bunch of assumptions, run thousands of possible combinations, and look at how the results spread out.
In short: every manager’s nightmare.
🫣
Especially when I’m the one who has to show the projections to the executive team.
murad on Nostr: Do you know what a Monte Carlo simulation is? It’s basically a way of making ...
Do you know what a Monte Carlo simulation is? It’s basically a way of making projections when you have no idea exactly what’s going to happen.
You take a bunch of assumptions, run thousands of possible combinations, and look at how the results spread out.
In short: every manager’s nightmare.
🫣
Especially when I’m the one who has to show the projections to the executive team.
You take a bunch of assumptions, run thousands of possible combinations, and look at how the results spread out.
In short: every manager’s nightmare.
🫣
Especially when I’m the one who has to show the projections to the executive team.