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Running a Monte Carlo Simulation with
Minitab Statistical Software
The Monte Carlo Simulation method
is a powerful tool for handling any process that
involves uncertainty, such as varying market demand,
changing costs, new product development, or investing in
stocks.
This statistical
technique is great for making forecasts,
informing decisions, and understanding the impact of
uncertainty.
A new article by Bruno Scibilia,
technical training specialist at Minitab's Paris office,
explains how Minitab Statistical Software can help
you carry out a Monte Carlo Simulation.
 Read More
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 Analyzing Data for a
Delicate Finish: Six Sigma Ranch, Vineyards, and
Winery
Have you ever considered
how Six Sigma theory can be incorporated into the
art of winemaking?
Kaj Ahlmann, retired chairman,
president and CEO of General Electric's Employers
Reinsurance division has done just that!
By combining Minitab Statistical
Software's data analysis tools, quality
improvement processes, and the needs of his
customers, Ahlmann has successfully created great wines
that please and delight its drinkers, while
continuing to unite two of his greatest
passions.
Read the Article
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Minitab Spends Quality
Time with Improvement
Professionals
At Minitab we like to
meet our customers and find out how we can help
them make the most of our products
and services.
That's why we kicked off a
series of Minitab Quality Conferences in 2009 with
events taking place in Sweden, the Netherlands, and
the UK. These day-long programs feature a
combination of speaker presentations, networking
opportunities, and learning workshops, as requested
by our customers.
Quality
Conferences are already planned for the UK and
Ireland in 2010. We'll share details about these
and other upcoming events in future issues of Minitab
News. In the meantime, check
out the summary of this year's events for
a preview of what's in store at our 2010
gatherings!
See Minitab's upcoming
events
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Minitab
What does the Gage Linearity and Bias
Study assess?
>>
ANSWER
Minitab
What are the StdOrder and
RunOrder columns in my DOE
worksheet?
>>
ANSWER
Quality
Companion
Can I
see an example of how custom data works in
Companion?
>>
ANSWER
View hundreds of additional tips
in our Knowledgebase/FAQ.
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top
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VOICE OF THE
CUSTOMER |
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"In our dynamic environment we
achieve improvement by grasping opportunities and,
at the same time, getting our team to accept
potential solutions. Minitab Statistical Software
is the ideal package to help us
accomplish this difficult task, because it uses
data to transform gut feelings into rock-hard
undeniable facts. Minitab's easy-to-use features,
along with the clear instructions and support
functions, make it possible for any newcomer to
apply statistics effectively."
-
René Plasman, Six Sigma Black Belt,
Hertel
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QUALITY COMPANION
WEBINAR |
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On October 1 we released
the latest version of Quality Companion, our
all-in-one process improvement
software.
Our latest webinar, VSM
in Quality Companion, shows you
how Companion's new features make it
easier to perform Value Stream Mapping (VSM),
a powerful tool primarily used in Lean Six
Sigma.
Register for the Webinar
Now!
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| CONTACT
INFORMATION |
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Bizit Systems Pte Ltd.
10 Bukit Batok Crescent # 09-01 The spire Singapore, 658079 Contact Name: YinYin Email:minitab@bizit.com.sg DID : 6515 0559
Tel: 65 6862 2011 Fax: 65 6862 6680
Bizit Systems (M) Sdn Bhd
Level 3A, Unit 07, Wisma BU8 No. 11, Lebuh Bandar Utama Bandar Utama 47800 Petalling Jaya, Selangor, Malaysia
Contact Name: Lycel Email:minitab@bizit.com.my DID : 010 231 3919
Tel: 03 7727 7876 Fax:03 7710 7273
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