Cynthia Cumby

CEO Discoversim @Sigmaxl

Three Case Studies using DiscoverSim\\\\nWe have pulled together 3 case studies using DiscoverSim in analyzing process data. Lean Six Sigma Master Black Belt John Noguera, Co-Founder and CTO of SigmaXL presents each case.\\\\n\\\\nWatch this free Simulation Training and learn the power in optimizing your process profits, schedule, product stock, resource leveling, and Web Demo will cover the following three case studies.\\\\n1. Retail Profit Simulation:\\\\nThis is an example of Monte Carlo simulation to determine probability of daily profit using a basic profit model for a small retail business. We will apply distribution fitting to historical data and specify input correlations to define the model in a way that closely matches our real world business. Sensitivity analysis will be performed to determine the key input factors affecting profit.\\\\n\\\\n2. Magazine Production Optimization:\\\\nThis is an example of simulation and optimization to determine optimal magazine production quantity for newsstand distribution to maximize net profit. A custom discrete distribution will be used to model customer demand.\\\\n\\\\n3. Six Sigma DMAIC Project Portfolio Selection:\\\\nThis is an example of discrete optimization used to select projects that maximize expected cost savings and minimize variability subject to a constraint of total resources.\\\\n\\\\nWant to try a Free 30 Day Trial of look forward in answering any questions you may have and appreciate any feedback of the 3 case studies. \\\\n\\\\n \\\\n \\\\n\\\\n \\\\n