What Is RENO?
Solving problems with RENO consists of three basic steps:
- Use definitions and constructs to build the flowchart model.
- Run the simulation.
- Evaluate the results.
You can think of RENO as a graphical analysis tool. It is a powerful and flexible platform for visualizing and dynamically analyzing and/or simulating nearly any kind of physical, financial or organizational system. RENO is unique in the fact that it gives you the flexibility of a computer language, but instead of writing computer code, you use the familiar flowcharting concept to build your analysis (write your program). You can build systems and/or scenarios and then have the software execute or simulate them. You may also think of RENO as a "visual spreadsheet" that allows you to graphically create and manipulate data and equations, but with greater flexibility due to its ability to depict and evaluate systems and scenarios that evolve over time.
The applications for RENO are limited only by your imagination and ability to create a flowchart model. If you can flowchart it, you can simulate it! Some application examples include:
- Systems/Product Engineering and Modeling
- Reliability and Failure Analysis
- Risk and Hazard Analysis
- Vulnerability Analysis
- Conceptual Design
- Probabilistic Design
- Systems Engineering
- Manufacturing
- Materials Handling
- Quality Control / Quality Assurance
- Environmental Systems Modeling
- Hazardous Waste Sites, Safety Analysis
- Natural Resource Planning and Management
- Business, Financial and Economic Modeling
- Strategic Planning
- Business Process Modeling
- Financial Analysis
- Risk Analysis and Management
- Cost Modeling
- Portfolio Management
- Six Sigma
- Yield Analysis
- Supply Chain Modeling
- Financial Engineering
- Ecosystem Modeling
- And much more...
Some Application Examples
Perhaps the best way to explore RENO's features and functionality is by considering some examples. The software is shipped with an assortment of sample files, including:
- Financial Analysis
- Retirement Strategy
- Life Cycle Cost Analyses
- Lease vs. Buy a Vehicle
- Investment Property
- Optimization
- Airline Seat Allocation
- Newspaper Inventory
- Preventive Maintenance
- Reliability
- Aircraft Readiness
- Simple Reliability Metrics
- Variable Usage/Reliability
- Stress-Strength Analysis
- Risk Analysis
- Complex Fuel System
- Lotion Chemical Exposure
- Risk of Gym Locker Theft
- Decision (Event) Trees
- Birthday Party Menu
- Legal Settlement
- Fire Risk Assessment
- Miscellaneous/Fun
- Blackjack
- Lottery
- Roulette
- Dice Roll
- Rain Prediction
A wide variety of these sample files are explained in detail online. You can access them from the RENO Examples page.
