Monte Carlo implementation in FRP

[GDK]

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!

[jimr]

The simulation runs 10,000 iterations or paths through the plan and it does draw a new realization for the return variable for each plan year of each path.

So you are correct that a 30 year plan would be the product of 300,000 realizations.

[GDK]

Got it, thanks Jim!