Adjusting Simulation Settings

You can adjust the settings for simulations.

  1. From the Simulation Main Menu Simulation Main Menu menu on the Simulation panel, click Settings.
  2. Enter the number of trials to run.

    You can enter up to 1,000. The more trials you run, the more accurate the results.

  3. Under Random Numbers, specify the options you want to use for sequence and method.
    • Sequence—Defines how to set the random number generator.
      • Same Sequence Each Time—Generates the same set of random numbers each time you run a simulation so you can repeat simulation results.
      • Vary Sequence Each Time—Varies the set of random numbers that are generated.
    • Method—Defines the sampling method.
    • Monte Carlo—More random. Uses random numbers to measure the effects of uncertainty in a model. The default.

      Use Monte Carlo sampling to simulate "real world" what-if scenarios for your model.

    • Latin Hypercube—More even. Samples more evenly using bins by dividing an assumption's probability distribution into intervals of equal probability. It generates values more evenly and consistently across the distribution and produces a smoother, more even results chart.

      Use Latin Hypercube sampling when you are concerned primarily with the accuracy of the simulation statistics.