Probabilistic event and risk analysis
Event Analysis, formerly known as RENO software, is an advanced module application available in ReliaSoft BlockSim for building and running complex analyses for any probabilistic or deterministic scenario. The module provides an array of definitions and designs that will allow you to model the situation you wish to examine. It uses an intuitive flowchart modeling approach and simulation to support your decision-making process and can be also used to estimate or optimize the results needed for further analysis.
Discover Event Analysis capabilities that will make your work easier
Develop ideas, workflows and estimate results of interest
Build graphical models for the scenarios that you are trying to understand, quantify, and/or simulate — all with a familiar and intuitive flowcharting concept.
Track real-time values to generate desired results
Watch the results' progress over time or see how your results vary during sensitivity analysis.
Evaluate how key inputs will affect the results
Examine equipment’s behavior over time with reliability or availability results. Easily change variables across analyses/simulation runs with sensitivity analysis.
Design and build your own analyses
Comfortably build analyses with the Event Analysis module's familiar flowcharting concept. Enjoy the flexibility of a computer language without having to write any code.
Automatically estimate optimum values
Maximize profits or minimize costs with multiple simulation runs to determine the optimum amount of inventory or the optimum preventive maintenance (PM) interval.
Apply insights to a wide variety of applications
Use results and metrics from the module for various applications, such as risk and safety analysis, complex reliability modeling, decision making, maintenance planning, optimization, etc.
Weibull++ for simulated "response" data analysis
BlockSim for shared inputs and outputs
Key Features
System reliability, availability, and maintainability analysis
- Use variables to store numerical values.
- Build simple or complex equations for a wide variety of purposes.
- Check incoming values against one or more conditions in order to trigger various responses. This includes “if statements” with true/false outcomes for single or multiple inputs (conditional blocks and logic gates), as well as “switch statements” with multiple possible outcomes (branch gates).
- Use tables to store an array of values in rows and columns.
- Use summing gates to perform mathematical operations on multiple incoming values to determine a single output value.
- Control the flowchart path, including loops and other complex configurations, using flag markers and go-to-flag blocks, stop flags, counter blocks and reset blocks.
- Use result storage blocks to compute averages, sums, arrays, minimums/maximums and more.
- Use binary nodes to determine outcome probabilities.
- Describe any probability that can be constant or described by a statistical distribution.
- Use a simulation definition so that you can use one or more results from the simulation in the flowchart.
- Design an experiment in Weibull++—> simulate the experiment in Event Analysis module (BlockSim)—> then return to Weibull++ and analyze the simulated “response” data.
- Perform batch simulation of an RBD, using different input values for each simulation. For example, this tool makes it easy to run a set of simulations that compare a variety of possible scenarios by altering specific inputs for each simulation.
As you type, the module automatically color-codes recognized resources and functions to make it easy to spot potential problems.
When editing an equation, it provides a quick summary of the properties of each resource or function. If you need more information or want to change a resource, you can open the full resource properties window with a click of a button.
You can define conversion factors for entering time values in different units.
Instant access to all of the building blocks that you will use in the equations for your analyses, which includes:
- Any of the user-defined resources available in the project
- Built-in internal functions to insert specific flowchart- or simulation-related information into an equation. The versatile getvalue functions can pull values from variables, tables or analysis workbooks and you can also use functions that obtain specific metrics from a given probability distribution.
- Any of the predefined functions including:
- Engineering functions such as Bessel, Error functions, etc.
- Math and Trigonometry functions such as Sine, Derivative, Integral, Logarithm, etc.
- Financial functions such as Future Value, Cumulative Interest Paid, Periodic Payment for an Annuity, etc.
- Statistical functions such as the Weibull distribution, the Fisher Transformation, the Chi-Squared distribution, etc.
- Logical functions such as IF statements and TRUE/FALSE statements.
- 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
- During simulation you can track the real-time values for a result of interest while the model is executed. Watch the result’s progress over time or see how your results vary during sensitivity analysis.
- After simulation you can see final results directly in the flowchart. View the values for all result storage blocks, as well as the last values for other blocks, if desired. Plus, you can use Excel®-compatible spreadsheets to explore all applicable results, and to copy/paste or export results of interest to your reports or customized analyses.
- The Plot Setup allows you to completely customize the “look and feel” of plot graphics while the RS Draw metafile graphics editor provides the option to insert text, draw objects or mark particular points on plot graphics. You can save your plots in a variety of graphic file formats for use in other documents. You can also use interactive plot zoom.
Training Courses
Find training for life data analysis, accelerated life testing, and reliability growth with guided usage of Weibull++ software.
Events
Case Studies
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