Description
Minitab Inc. today released Devize, a new cloud-based Monte Carlo simulation product geared toward engineers and designed to guide them through the entire simulation and optimization process.The Devize workflow allows users to easily simulate possible outcomes and offers clear, accessible results that are presented with straightforward explanations. The user is led through their analysis without any guesswork— recommended next steps are provided, making it easy to understand what adjustments are necessary to improve processes and reduce defects.Devize includes parameter optimization to find the optimal settings for input variables, sensitivity analysis to help visualize how variability in the inputs affects the output, distribution identification to recommend a distribution that provides the best fit for your data, and simulation comparison to evaluate results side-by-side and demonstrate improvements.“Other competitors offer sensitivity analysis but don’t produce the unique plot that Devize provides,” says Michelle Paret, product marketing manager. “Not only does our sensitivity analysis show you which factors have the biggest impact on the response, but this plot also quantifies that impact to help users identify the best course of action.”Project sharing allows users to seamlessly share results with colleagues. The web-based application requires no installation and results are easily accessible from any desktop or mobile device.“Our goal is to provide software that’s easy for our customers to use,” says Paret. “Devize is another example of that commitment.”