DiscoverSim

DiscoverSim is a Microsoft Excel software add-in for risk analysis, including Monte Carlo Simulation and Optimization. DiscoverSim is bundled with SigmaXL, a software package for statistical and graphical data analysis. DiscoverSim is created and distributed by SigmaXL Inc., a privately owned company located in Toronto, Ontario, Canada.
DiscoverSim is commonly used for risk analysis and Monte Carlo simulation. It is also often used in Design for Six Sigma training and process improvement, and has been used in scientific research articles. DiscoverSim is used in Monte Carlo simulation training at Motorola Solutions.
DiscoverSim contains the following features:
*53 Continuous and 10 Discrete Distributions
*Distribution Fitting with Automatic Best Fit
*Specify Correlations Between Inputs
*Accelerated Calculations with Excel Spreadsheet Interpreter
*Sensitivity Analysis based on Correlation or Stepwise Regression
*Global Optimization
*Optimize Statistics such as dpm or Ppk and Allow for Constraints
DiscoverSim 1.1 (the current stable release) is compatible with Microsoft Excel 2007, 2010 (32-bit & 64-bit) and 2013 (32-bit & 64-bit).
 
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