Jerdy's blog

For this week, we still continue doing some research and discussions. After continue doing a few researches, our team has found some algorithms, but we are interested most with the monte carlo algorithm. According to our team, the monte carlo algorithm is likely to be efficient and suitable for our final project. We decided to pursue using the monte carlo algorithm. Monte Carlo simulation performs risk analysis by building models of possible results by substituting a range of values for any factor that has inherent uncertainty.

jerdy@binus.ac.id