How to use statistical tools for component tolerance analysis. A look at methods such as Monte Carlo and Gaussian distribution. Simulating a dc-dc converter in LTspice to model closed-loop voltage ...

This will likely come as a surprise, but the way engineers perform Monte Carlo analysis and assess the results, is likely incorrect. Misinterpreting Monte Carlo results can lead to the wrong technical ...

SAE Transactions, Vol. 113, Section 5: JOURNAL OF MATERIALS AND MANUFACTURING (2004), pp. 140-147 (8 pages) An accurate and efficient Monte Carlo simulation (MCS) method is developed in this paper for ...

Tolerance analysis is an essential discipline in mechanical design and production, ensuring that variations stemming from manufacturing processes do not impede the functionality or reliability of ...

The Inverse Sampling Method can expand the capability of tools, such as Excel and Spice, into performing user-defined statistical simulations. Not all Spice versions perform Monte Carlo simulations.

Journal of Financial Education, Vol. 40, No. 1/2 (SPRING/SUMMER 2014), pp. 94-114 (21 pages) There is a lack of coverage of an application of Monte Carlo simulation in capital budgeting in ...

Robert Stammer, CFA, is the former director of investor engagement at CFA Institute and writes on thought leadership in the investment management industry. Charlene Rhinehart is a CPA , CFE, chair of ...