Monte Carlo implementation in FRP
Posted: Sun Jan 05, 2020 5:48 pm
Hi Jim,
I believe the documentation says that FRP performs 10,000 realizations. I think I've read in this forum that a new realization is drawn for each FRP plan year. Does that therefore mean that FRP performs 10,000 realizations for each plan year, and a 30 year FRP plan would therefore be the product of 300,000 realizations?
Thanks again for the great tool!
I believe the documentation says that FRP performs 10,000 realizations. I think I've read in this forum that a new realization is drawn for each FRP plan year. Does that therefore mean that FRP performs 10,000 realizations for each plan year, and a 30 year FRP plan would therefore be the product of 300,000 realizations?
Thanks again for the great tool!