DADM_UT Home

Excel add-in for Monte Carlo simulation and decision trees

View the Project on GitHub

About

DADM_UT is based on the free Excel add-ins for the Business Analytics textbook by Albright and Winston.

The DADM_UT add-in is independently maintained. It is provided for free and without warranty or active support.

Download

Download DADM_UT

NOTE: This add-in works on both Windows and Mac with the desktop Excel application. It does not work with the online Excel web-app.

Installation

Install on Windows

Unblock the add-in (.xlam) file

  1. Go to the folder where you saved the add-in
  2. Right click on the add-in file and click Properties
  3. Check the box beside “Unblock” at the bottom and click Apply, then click OK

    Note: If you do not see the checkbox to unblock, then you do not need to do this step.

Load the add-in to Excel

  1. Open Excel and a new workbook
  2. Click “File” on the menu ribbon
  3. On the left-side menu, click “Options” near the bottom (if you don’t see it, click “More…” at the bottom of that menu)
  4. In the new window, click “Add-ins” near the bottom of the left-side menu
  5. At the bottom of this window, ensure that “Excel Add-ins” is selected in the drop- down menu and click “Go…”
  6. In the Add-ins window, click “Browse…” and navigate to where you saved the DADM add-in file
  7. Select the add-in file and click “OK” and click “OK” again to close the add-in window

Install on Mac

  1. Open Excel and a new workbook b) Click “Tools” on the Mac menu bar
  2. On the drop-down menu, click “Excel Add-ins…”
  3. In the new window, click “Browse…”
  4. Navigate to where you saved the DADM add-in file and click on it to select it
  5. Click “Open”
  6. Click “OK” in the add-ins window

Tutorials

Building Decision Trees