Crystal ball® and design for Six Sigma

  • Authors:
  • Lawrence I. Goldman;Crystal Campbell

  • Affiliations:
  • Decisioneering, Inc., Denver, CO;Decisioneering, Inc., Denver, CO

  • Venue:
  • WSC '04 Proceedings of the 36th conference on Winter simulation
  • Year:
  • 2004

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Abstract

In today's competitive market, businesses are adopting new practices like Design for Six Sigma (DFSS), a customer driven, structured methodology for faster-to-market, higher quality, and less costly new products and services. Monte Carlo simulation and stochastic optimization can help DFSS practitioners understand the variation inherent in a new technology, process, or product, and can be used to create and optimize potential designs. The benefits of understanding and controlling the sources of variability include reduced development costs, minimal defects, and sales driven through improved customer satisfaction. This tutorial uses Crystal Ball Professional Edition, a suite of easy-to-use Microsoft® Excel-based software, to demonstrate how stochastic simulation and optimization can be used in all five phases of DFSS to develop the design for a new compressor.