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Testing strategies en masse with simulations

This course is for business users who are responsible for developing Next-Best-Action decision strategies.

Say you want to know how a decision strategy is going to affect an entire customer population. Or maybe you want to compare the results of two different strategies before selecting which one to use. This kind of mass prognostication is possible with Decisioning Simulations. Learn how to test a decision strategy on thousands of customers at once in this course. Gain hands-on experience comparing the results of alternative strategies using Visual Business Director.

Prerequisites

  • None

What you'll learn

By the end of this course, you will be able to successfully:

  • Explain what simulations testing are.
  • Use a decisioning simulation to test a decision strategy on thousands of customers at once.
  • Run alternative strategies and compare the results using Visual Business Director.
  • Output results of a simulation into a database table, and inspect reports.

Course Outline

  1. Testing strategies en masse with simulations

    • Before you begin
    • Tell me about decisioning simulations
    • Show me how to execute a simulation
    • Show me how to compare results of simulations
    • Show me how to analyse results of a simulation using reports
    • Let me test a decision strategy using simulations
    • Before you leave

Choose Your Format

Need help choosing the best format? Learn More.

  • Skill Level

    Beginner

  • Duration

    1.3 hours

  • Platform Version

    8.2

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