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Installing SensIt, RiskSim, and TreePlan

3

3.1 INSTALLATION OVERVIEW
SensIt, RiskSim, and TreePlan are decision analysis add-ins for Microsoft Excel 2000–2010 (Windows) and Microsoft Excel 2004 & 2011 (Macintosh). In general, an Excel add-in is software that adds features to Excel. SensIt performs sensitivity analysis on your worksheet what-if model and automatically creates simple plots, spider charts, and tornado charts. Sensitivity analysis can help you determine which of your input assumptions are critical. RiskSim provides random number generator functions for model inputs, automates Monte Carlo simulation, and creates Excel charts for a histogram and the cumulative distribution of the output variable. TreePlan helps you build decision tree diagrams. These instructions are appropriate for installing any or all three of these products. For each add-in, all of the functionality, including its built-in help, is a part of the single file in XLA format. There is no separate help file. On a Windows computer, the installation does not create Windows Registry entries, although Excel may use such entries to keep track of its add-ins.

3.2 REMOVING PREVIOUS VERSIONS
Before you open or install an add-in, you must remove any previous versions of the add-in. Excel will not work correctly if you try to use two versions of the same add-in simultaneously. For example, if you were using a tryout version and now you want to use the standard version, Excel will regard this as two versions of the same add-in. The same applies to moving from an older to a newer version, such as from SensIt 1.31 to SensIt 1.45. If you were using the previous version by “opening” the add-in file, then all you need to do is not open that previous version. Instead, “open” the new version of the add-in. But, if you had “installed” the previous version, then you must “uninstall” the old version

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