# What is

## What is Optimization?

Optimization performs experiments to find better ways to achieve the results you desire. Typically, most people use tools to predict...

## What is a Model Object?

A model object is a no-code method of representing complex behaviors usually requiring expert modeling skill. In addition, a model...

## What is Confidence Interval?

A range of values so defined that there is a specified probability that the value of a parameter lies within...

## What is a Cause and Effect Diagram?

The Cause and Effect diagram identifies many possible causes for an effect or problem. It can be used to structure a...

## What is Central Limit Theorem?

In probability theory, the central limit theorem (CLT) states conditions under which the mean of a sufficiently large number of independent random...

## What is a Balanced Scorecard?

The balanced scorecard is a strategic management system used to drive performance and accountability throughout the organization. The scorecard balances traditional...

## What is Anderson-Darling Normality Test?

The Anderson-Darling test is used to test if a sample of data came from a population with a specific distribution. It is...

## What is Hierarchical Modeling?

Hierarchical modeling is a modeling approach in which one activity in a model represents entire process. These processes are defined...

## What are the main elements used to build models?

Elements used in model building Entities Entities are the items being processed: calls, bug fixes, people, paperwork, electronic records, repair...

## What Information is Needed for Simulation

Almost all models require the same basic information. The information below is an outline to help you know what to...

## What is the Fastest Method to Build a Model?

There are two main model types. First, the traditional model uses distributions to represent most timings in the model. The...

## What are the keyboard shortcuts for the action logic window?

Keyboard shortcuts for the action logic window. Command Key Magnify text size. Ctrl+Keypad+ Reduce text size. Ctrl+Keypad- Restore text size...

## What is a Triangular Distribution?

The Triangular distribution is a continuous distribution bounded on both sides. It starts at the minimum value, increases linearly to peak...

## What is a Uniform Distribution?

The Uniform distribution is a continuous distribution bounded on both sides. Its density does not depend on the value of x....

## What are the Best Practices for Model Building?

A best practice is a way or method of accomplishing a business function or process that is considered to be superior...