Application Examples for RENO
You can use the flowchart models that you create with RENO to estimate results of interest, perform sensitivity analysis to evaluate how key inputs will affect the results and automatically estimate optimum values by performing multiple simulation runs. These techniques can be applied for a wide variety of applications including, but not limited to:
- Risk/Safety Analysis
- Complex Reliability Modeling
- Decision Making
- Maintenance Planning
- Operational Research
- Financial Analysis
These examples demonstrate some of the types of analyses you can perform with this application. For additional product documentation, including the Quick Start Guide, visit the Synthesis eDocs & ePubs Library.
Hinge Assembly Variability
Estimate the percentage of times that a hinge assembly will fall out of specifications, based on the known variability of the dimensions of its component.
Reliability Considering Both Failure and Usage Distributions
Determine the reliability and reliability vs. time plot for a washing machine that has different failure distributions for different usage loads.
Snow Blower Reliability
Estimate the reliability of a snow blower under specified operating conditions that vary by region. Consider the amount of snowfall and the area of the driveways in the region.
Risk of Allergic Reaction to Suntan Lotion
Evaluate the risk of reaction to a suntan lotion that contains a variable amount of a potentially allergenic chemical.
Markov Type Problem
Based on given rates of illness and death, predict the population of a small community over 30 years.
Complex Fuel System Risk Analysis
Determine the number of personnel at risk due to leak failures in a fuel system.
Optimum Newspaper Inventory
Determine the optimum inventory for a newspaper boy to maximize revenue given the demand for newspapers, the cost of supplies and the sales revenue.
Allocate Aircraft Seats to Maximize Revenue
Estimate the optimum allocation of coach and first class seats to maximize revenue for an airline.
Birthday Party Menu Design
Estimate the number of portions of hamburgers, pizza slices and hot dogs you will need to provide for a birthday party for 40 children.
Compute the probabilities of a variety of outcomes in a lawsuit.
Evaluating Shuttle Routes
Determine the most cost-effective routes for a transportation service.
Planning a Retirement Strategy
Given a particular retirement strategy, evaluate the investment income over the next 20 years with varied investment percentages.
Restaurant Seating Capacity
Use RENO with an analysis workbook to estimate the average annual income of a restaurant based on the seating capacity.