Due to robust growth in the global demand for refined products, refiners often face the tough decision of whether to spend significantly to accelerate expansion projects or stick to existing time ...

Financial advisers frequently use Monte Carlo analys`is to demonstrate the resiliency of a financial plan. These simulations produce a score that is useful in securing a client's confidence in their ...

One of the classic approaches to studying retirement withdrawal rates is to use Monte Carlo simulations that are parameterized to the same historical data as used in historical simulations. This can ...

Kushal Agarwal is an expert analyst in energy and power sectors. He is currently a product manager at DSP Blackrock Mutual Fund. Pete Rathburn is a copy editor and fact-checker with expertise in ...