predictive analytics
Predictive Analytics

Monte Carlo Simulation Software

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.

 
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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