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What is Simulation Modeling?

Simulation modeling, commonly known as predictive modeling, is an effective approach for developing experimental computer models that closely mimic an existing system. These models can integrate designs from AutoCAD and are further enhanced with animations, allowing the simulation to accurately depict the workings of the real system. In addition, the model can replicate actual schedules for patients or products, facilitating performance evaluations that can be benchmarked against the real system when accessible. After the simulation model is created, it offers the opportunity to conduct extensive experiments on the digital representation, optimizing performance without disrupting real-world functions. This technique is also vital for conceptualizing and building entirely new systems from scratch, enabling meticulous design of facilities like hospitals or clinics that cater to specific organizational needs. Moreover, it serves as a crucial resource for refining existing systems that may not meet their performance goals, promoting operational improvements and greater efficiency. This comprehensive approach not only aids in the formulation of innovative designs but also fosters ongoing enhancement and evolution of established systems, ensuring they remain competitive and effective over time. As a result, organizations can confidently navigate changes and adapt to new challenges in their operational landscapes.

What is Evaluator?

An evaluator plays a crucial role in guiding decision-making by methodically assessing multiple options against a common set of standards. For example, when selecting a vendor’s offering, considerations such as features, costs, and availability are evaluated. Each choice is assigned a numerical score based on these established criteria, which simplifies the comparison process among the alternatives. The importance of each criterion can be customized through weighting, which influences its contribution to the overall evaluation score. This tool also promotes collaborative assessments, enabling various stakeholders to input their scores, resulting in a unified scorecard that captures the group's collective viewpoint. The results of this assessment can be presented in various formats and compiled into a detailed report for further analysis. Users also have the flexibility to set a scorecard baseline at any point for the sake of auditing. Moreover, they can create scorecard templates from existing evaluation criteria, streamlining the process of developing new scorecards that utilize the same standards for evaluating different options. Additionally, assigning appropriate weights to each criterion based on their significance in the decision-making process is vital for achieving fair and balanced evaluations. Ultimately, this systematic approach enhances the clarity and effectiveness of the decision-making process, enabling users to make well-informed choices.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$3,500 one-time payment
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Rapid Modeling Corporation

Date Founded

1994

Company Location

United States

Company Website

www.rapidmodeling.com

Company Facts

Organization Name

Midrig

Company Location

United Kingdom

Company Website

midrig.com/evaluator/

Categories and Features

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

Simulation

1D Simulation
3D Modeling
3D Simulation
Agent-Based Modeling
Continuous Modeling
Design Analysis
Direct Manipulation
Discrete Event Modeling
Dynamic Modeling
Graphical Modeling
Industry Specific Database
Monte Carlo Simulation
Motion Modeling
Presentation Tools
Stochastic Modeling
Turbulence Modeling

Categories and Features

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

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