Because simulation can be such a powerful tool for understanding and managing complex systems, a variety of graphical simulation tools exist. The following combination of features, however, makes the GoldSim approach unique:
- GoldSim was specifically designed to quantitatively address the inherent uncertainty which is present in real-world systems. GoldSim provides powerful tools for representing uncertainty in processes, parameters and future events, and for evaluating such systems in a computationally efficient manner.
- GoldSim provides powerful capabilities for superimposing the occurrence and consequences of discrete events onto continuously varying systems. This allows for the realistic simulation of discrete events such as financial transactions, accidents, system failures, storms, labor strikes, and lawsuits.
- GoldSim was designed to facilitate the construction of large, complex models. You can build a model of your system in a hierarchical, modular manner, such that the model can readily evolve and add detail as more knowledge regarding the system is obtained. Other powerful features, such as the ability to manipulate arrays, the ability to “localize An action that you can apply to a Container that creates a separate scope for the elements in that Container.” parts of your model, and the ability to assign version numbers to a model which is constantly being modified and improved, further facilitate the construction and management of large models.
- GoldSim is dimensionally-aware. GoldSim has an extensive internal database of units and conversion factors. You can enter data and display results in any units. You can even define your own customized units. GoldSim ensures dimensional consistency in your models and carries out all of the unit conversions internally. As a result, when you use GoldSim, it is never necessary for you to carry out (error-prone) unit conversions.
- GoldSim is highly extensible. You can dynamically link external programs or spreadsheets directly into your GoldSim model. In addition, GoldSim was specifically designed to support the addition of customized modules (program extensions) to address specialized applications.
- GoldSim allows you to create compelling presentations of your model. A model that cannot be easily explained is a model that will not be used or believed. GoldSim was specifically designed to allow you to effectively document, explain and present your model. You can add graphics, explanatory text, notes and hyperlinks to your model, and organize it in a hierarchical manner such that it can be presented at an appropriate level of detail to multiple target audiences.