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Quantum XL Monte Carlo Features

The Monte Carlo section of Quantum XL allows you to create a Model, run a Monte Carlo simulation, optimize, understand latitude, and create reports of the results.

Model Building

• Model Building Overview -- Overview of building Monte Carlo models

Build and configure your Monte Carlo simulation models:

• Empirical Data -- Use empirical data distributions
• Model Building -- Create simulation models
• I/O Manager -- Manage inputs and outputs
• Supported Distributions -- Available probability distributions
• Custom Distributions -- Create your own distributions

Analyzing the Model

Analyze and interpret simulation results:

• Expected Value Analysis -- Calculate expected values
• Optimize (Parameter Design) -- Optimize parameters in a Monte Carlo model
• Tolerance Allocation -- Determine the primary sources of output variation
• Latitude Plots -- Visualize parameter latitude
• Sensitivity Analysis -- Identify key drivers

Latitude Plots

• Latitude Plots Overview -- Visualize parameter latitude and variation windows

Additional Tools

• Additional Tools Overview -- Scorecards, sampling, and more
• Scorecard -- Summary scorecards
• Sampling Matrices -- Sampling methods
• Reliability Sheets -- Reliability analysis

Options

• Options -- Monte Carlo simulation options