Monte Carlo Simulation Software

CreateASoft, Inc.6 min read

Monte Carlo simulations can be used to study the variability of the model and determine the model behavior boundaries along with the expected performance. In simulation models that contain variable failure rates, variable processing rates at each stations, and variable inputs, Monte Carlo simulation runs can be a tremendous asset to any organization in order to understand the intricate behavior of the model environment. Simcad Pro created models benefit from the fact that Simcad Pro integrates all the tools required to run and analyze Monte Carlo simulations quickly and effectively. Coupled with the patented On-the-fly dynamic model updates, Simcad Pro provides an unprecedented simulation environment unmatched in the industry.

Graphing tools to analyze different parameters tracked within the simulation runs are an integral part of Simcad Pro. All generated data can be exported to other statistical analysis tools if needed.

A quick view of the model behavior, Simcad Pro generates Best, Average, and Worst case analysis from the Monte Carlo Simulation runs.

Why Use Simcad Pro Dynamic Simulation Software?

GENERAL CONSIDERATIONS

Criteria

Attributes

Simcad Pro Dynamic Simulation

Modeling flexibility

Basic features acting as building blocks which differentiate one system from another

Smart Module model building. Load the Smart Modules, connect the activities and the model is up and running

Ease of model development

Accuracy and speed of modeling process aiding smooth development of model

Dynamic Simulation provides unparalleled ease-of-use. Combining the model building, validation, analysis, and optimization activities in an interactive modeling environment drastically reduces time and cost

Model execution speed

Critical for complex models and various inter-linked, interdependent processes. Whilst small models may be simpler; larger models would require faster execution speeds

Simcad Pro supports both 32bit and 64bit operating systems and will utilize multiple processor cores to maximize the hardware capabilities and reduce the time required to run the models

Maximum model size

Critical when basing decision about increasing processes for future applications i.e. small models vs. large models

Simcad Pro has no limit to the model size. Additionally, models or units of the operation can remain independent and communicate with each other or, of course, can be loaded via Smart Modules in one larger model

INPUT CONSIDERATIONS

Criteria

Attributes

Simcad Pro Dynamic Simulation

CAD translation

CAD translator aids conversion of drawings to systems in simulation preventing laying out large and complex models – saving time

Simcad Pro supports loading of CAD files not only to facilitate laying out large and complex models but also provides additional analysis from a patient and service provider flow perspective. Travel distances, delay due to travel reports, and optimization of the facility design, reduction of congestion, and routing analysis is integrated functionality

Importing a file

Capability of data like waiting-times, process times, service times to be extracted from imported files aids initial model development and future live-time modeling

Simcad Pro supports importing Visio, Excel, Access, SQL, Oracle, EMR/EHR, WMS, ERP XML, CSV, barcode, RFID, PLC … as integrated functionality. No coding or scripting is required. Additionally, Simcad Pro’s Dynamic Simulation capability supports live data import, as the simulation runs Simcad Pro can interact with one or all of the import data sources and the model will adjust accordingly

Exporting a file

Capability of developing a readable export file – excel/graphics

Simcad Pro supports exporting Visio, Excel, Access, SQL, Oracle, WMS, ERP, EMR/EHR, XML, CSV… as integrated functionality. No coding or scripting is required. Additionally, Simcad Pro’s Dynamic Simulation capability supports live data export, as the simulation runs Simcad Pro can interact with one or all of the export data sources and the model will adjust accordingly

SYNTAX

Possibility of visual inspection of syntax for correcting errors

As you create models in the Simcad Pro GUI no code is generated. This eliminates the need for visually inspecting syntax as there is no code to inspect

Interactive run controller

Capability to analyze, find errors, discrepancy and modeling errors

Simcad Pro Dynamic Simulation software is the only interactive modeling environment allowing the simulation model to be updated and changed during the simulation run. This Dynamic Simulation® capability is protected with multiple patents

Interface to other language

Other language capabilities – e.g. VISUAL BASIC

Simcad Pro has a fully integrated VB scripting engine is available and does include visual inspection, log messaging, automatic syntax validation, and debug mode. Upwards of 98% of models require no VB

Input data analysis capability

-

Importing Data into Simcad Pro will be analyzed and presented through graphs and reports that data can then be applied directly to the model as-is or as the analyzed distributions

PROCESSING CONSIDERATIONS

Criteria

Attributes

Simcad Pro Dynamic Simulation

Run-time flexibility

-

Simcad Pro Dynamic Simulation software is the only interactive modeling environment allowing the simulation model to be updated and changed during the simulation run. This Dynamic Simulation® capability is protected with multiple patents

Random variate generator

-

Simcad Pro has integrated Random number generator functionality

Independent replications

-

Simcad Pro includes fully integrated Monte Carlo simulation capability as well as model validation analysis

Attributes and global variables

-

With Simcad Pro attributes and global variables or custom parameters can be assigned to any entity in the model. No coding is required

Custom logic representation

Internal programming capability

As you create models in the Simcad Pro GUI no code is generated. This eliminates the need for visually inspecting syntax as there is no code to inspect

OUTPUT CONSIDERATIONS

Criteria

Attributes

Simcad Pro Dynamic Simulation

Standardized reports

Format and transferability i.e. email/ communication transfer of reports

Simcad Pro contains extensive integrated analysis. Reporting is provided in gauges, graphs, spreadsheets, scenario analysis, gantt chart, routing analysis, and value stream maps. All data is reported for every process, object, resource and for the overall model. Every data point is preserved for future analysis. No coding is required to access the data. All reports are available during, at the end, and well after the run is completed

Customized reports

Capability to extract tailored reports

In addition to the extensive integrated analysis Simcad Pro supports custom reports tailored to the specifics requirements of the model. All reports are available during, at the end, and well after the run is completed

Business graphics

Types of charts, graphs, histograms generated

Simcad Pro has multiple integrated gauges, graphs, histograms, gantt charts, spaghetti diagrams as data display components

Custom performance measures

e.g. resource utilization, category-wise resource/time spending etc

Simcad Pro can capture custom performance measures and make them available for reporting or through on-screen gauges/graphs. Resource utilization, category-wise resource/time spending etc are all included metrics that Simcad Pro provides automatically

ENVIRONMENTAL CONSIDERATIONS

Criteria

Attributes

Simcad Pro Dynamic Simulation

Animation capability

Ease of development, quality of picture, smoothness of movement, portability of remote viewing

Animation in Simcad Pro, in both 2D and 3D, is automatically generated and is 100% true-to-scale. Animation represents in real-time the status of the simulation engine. It is not a post-processed video of what might have happened but an accurate and real-time view of the simulation

Ease of use

Do we need a dedicated IT-trained professional to run the model once setup?

A dedicated IT professional is absolutely not required. Because Simcad Pro is not a wrapper around a code environment many different users with varying skill sets can take full advantage of the technology

Run-only version

-

Simcad Pro does include a run-only version as well as a movie capture feature and the capability to stream the model over the Web to remote viewers. In addition, “Simcad Cloud” can be used to share, view and collaborate on the models via an open web interface architecture running on the CreateASoft cloud

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