REALTIME PREDICTIVE AND PRESCRIPTIVE ANALYTICS WITH REAL-TIME DATA AND SIMULATION - This paper discusses the reusability and extensibility of simulation models and their roles in predictive and prescriptive analytics using real time data connectivity...

Dynamic Simulation for Lab Optimization can help increase efficiency - Utilizing Dynamic Simulation for Lab optimization can help increase efficiency, reduce travel time, control production. Reduce WIP and the overall operation cost...

Supply Chain simulation requires the delicate balance and management of relationships between multiple companies throughout the value chain all working together to ensure the expectations of all stakeholders on both the supply and demand of the system are met and exceeded. Simcad Pro’s patented dynamic simulation environment allows for the accurate modeling of such complex systems and their components. Through integrated functionality Simcad Pro delivers integrated scenario analysis, optimization, and 2D & 3D visualization providing the required tools to make informed decisions driving continuous improvement, visibility, tracking, tractability, and systems optimization.

Within a Lab setting, the issues of excessive wait time, excess travel time, low equipment utilization, and increased operational cost daily are always present. Within the lab setting, it is important to improve efficiency and to reduce lead time. Simcad Pro is a sophisticated simulation engine that can be utilized to improve the overall efficiency, accuracy and effectiveness within a laboratory, which in turn increases possible workload and monetary gains.