What is DiscoverSim Software?
With this software, you can assess your risk using Monte Carlo simulation and mitigate it using global optimization. Frequently, business choices rely on assumptions involving a solitary numerical estimate or an average, leading to unforeseen results. According to John Noguera, CTO of SigmaXL, "DiscoverSim allows you to model the uncertainty in your inputs so that you know what to expect in your outputs".
DiscoverSim offers:
- Excel add-in for Monte Carlo Simulation and Optimization
- Easy to use with Six Sigma language - specify Inputs (X's) and Outputs (Y's). Ideal for DFSS, Risk and Project Management.
- Powerful - 53 continuous and 10 discrete distributions. Distribution Fitting with Automatic Best Fit, specify correlations between inputs.
- Fast - accelerated calculations with Excel spreadsheet interpreter.
- Identify important X's with Sensitivity Analysis based on correlation or stepwise regression - includes quadratic terms!
- Discover solutions to difficult problems with Global Optimization.
- Optimize statistics such as dpm or Ppk and allow for constraints.
- This software is also bundled with SigmaXL Version 9.1 for statistical and graphical analysis.
DiscoverSim Software Features
This software provides a huge number of features as follows:
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- Introduction to Monte Carlo Simulation and Optimization with DiscoverSim
- Components of Uncertainty
- Selecting a Distribution
- Specifying Truncation Values
- Specifying Correlations
- Optimization
- DiscoverSim Getting Started Tutorial
- Introduction to Monte Carlo Simulation and Optimization with DiscoverSim
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- DiscoverSim Menu and Options
- Create/Edit Input Distributions
- Create/Edit Output Response
- Copy Cell, Paste Cell, Clear Cells
- Model Summary
- Run Simulation
- Distribution Fitting
- Correlations
- Optimization Inputs: Controls
- Optimization Inputs: Constraints
- Run Optimization
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DiscoverSim Case Studies
- Intro To Case Study 1, Basic Profit Simulation
- Intro To Case Study 2, Magazine Production Optimization
- Intro To Case Study 3, Six Sigma DMAIC Project Portfolio Selection
- Intro To Case Study 4, Catapult Variation Reduction
- Intro To Case Study 5, Robust New Product Design
- Intro To Case Study 6, Multiple Response Optimization and Practical Tolerance Design, References
- Intro To Case Study 7, The Travelling Salesperson Problem (TSP), References
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DiscoverSim Appendix: Statistical Details for Distributions and Optimization Methods
- Statistical Details for Distributions and Optimization Methods
- DiscoverSim Engine and Excel Formula Interpreter
- Input Distribution Random Number Generation
- Input Distribution Correlations
- Input Distribution Sampling
- Input Distribution Truncation
- Optimization Methods
- Distribution Fitting - Maximum Likelihood Estimation of Parameters
- Summary of Distributions
- Custom Distributions
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Distributions in DiscoverSim
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Common Continuous
- Normal
- Triangular
- Uniform
- Pearson Family (specify Mean, StdDev, Skewness, Kurtosis)
- Log Normal (Threshold)
- Exponential (Threshold)
- Weibull (Threshold)
- Pert
- Custom Continuous
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Advanced Continuous
- Beta
- Beta (4 Parameter)
- Box-Cox (Threshold)
- Burr (Threshold)
- Cauchy
- Chi-Squared (Threshold)
- Chisq3: Chi-Squared Distribution with Scale (Threshold)
- Error Function (ERF)
- F (Threshold)
- F4: F with Scale (Threshold)
- Fatigue Life (Threshold)
- Fisk (Threshold)
- Folded Normal
- Frechet (Threshold)
- Gamma (Threshold)
- Generalized Error
- Generalized Gamma (Threshold)
- Generalized Logistic
- Generalized Pareto
- Half Normal (Threshold)
- Inverse Gama (Threshold)
- Inverse Gaussian
- Johnson SB
- Johnson SL
- Johnson SU
- Laplace
- Largest Extreme Value
- Levy
- Logistic
- Log Gamma (Threshold)
- Log Logistic (Threshold)
- Maxwell
- Non-Central Chi-Squared (Threshold)
- Non-Central F (Threshold)
- Non-Central T
- Pareto
- Power
- Rayleigh
- Reciprocal
- Skew Normal
- Smallest Extreme Value
- Student's T
- Student's T with Location and Scale (3 Parameter)
- Von Mises
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Discrete Continuous
- Bernoulli (Yes/No)
- Binomial
- Geometric
- Hypergeometric
- Logarithmic
- Negative Binomial
- Poisson
- Step
- Uniform (Discrete)
- Custom Discrete
- SIP (Stochastic Information Packet - Unweighted Sequential Custom Discrete)
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DiscoverSim Software Dealer/Reseller
Factonity Systems Pvt Ltd is a full service dealer & reseller of DiscoverSim software. Apart from software licensing, we also provide authentic DiscoverSim training, local technical support and statistical consulting.
Please contact us for:
- Latest DiscoverSim pricing information / quotation
- Demo of DiscoverSim software and free initial consultation
- Lean Six Sigma + DiscoverSim bundled training with licensed of demo software
- Post sales local technical support
Who uses DiscoverSim Software?
DiscoverSim is utilized in both industry and academic contexts. It caters to the statistical analysis and visualization needs of a broad spectrum of users, ranging from absolute beginners to seasoned analytics experts and Six Sigma black belts.
Is expertise in statistics a prerequisite for utilizing DiscoverSim?
Absolutely not! Irrespective of your statistical proficiency, this software streamlines the learning of statistics by guiding users to focus on the results of analysis and their impact on practical business situations. This methodology spares users the need to delve into mastering formulas and performing complex statistical calculations, saving them valuable time.
This software is designed to:
- Support beginners in selecting suitable tools
- Guide users through every phase of the analysis journey
- Facilitate comprehension and presentation of the acquired results.
Which industries use DiscoverSim?
Leading corporations utilize this software to analyze their data, refine operational processes, attain in-depth insights, formulate experiments, and tackle some of the most formidable challenges. Below are a few industries that leverage the capabilities of this software: