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Model Audits

Ensuring accuracy and value.

Expert Model Evaluation for Confident Decisions

MISIM offers comprehensive model audit services to ensure the accuracy, reliability, and suitability of your decision-making models.
 
From professionally developed models to in-house tools, we conduct meticulous evaluations to confirm your models provide accurate information, supporting your business objectives effectively.

Confident Decision-Making

Our model audits validate the accuracy of your simulation model, providing stakeholders with confidence in the reliability of the results. With verified models, you can make informed decisions and navigate complex business scenarios with certainty.

Error Detection and Prevention

By scrutinizing model documentation, data, and code, we identify errors or flaws in the model. Early detection and resolution of issues prevent misinterpretation of results, minimizing the risk of costly and critical mistakes.

Enhanced Model Performance

Through sensitivity analysis and performance audits, we optimize the model’s efficiency and resource utilization. Improving the model’s performance enhances its practicality, providing valuable insights for better decision-making processes.

Explore Our Other Solutions

  • Transforming the Mine Value Chain: Exploring the Modelling Frontier

    In the mining industry, the pursuit of value optimization is a persistent and significant challenge. The strategic application of integrated simulation modelling across the entire value chain stands as a promising, yet largely underexploited, approach. Until now, its ability to drive substantial economic benefits has remained mostly unrealized.

  • Quality as Culture: Cultivating Excellence in Every Step

    Quality assurance in discrete event simulation (DES) is not a one-time event; it’s a continual process, a culture deeply ingrained in our best practice series. After all, a misaligned tool can be more detrimental than no tool at all. In this post, we’ll explore the multifaceted approach MISIM takes to ensure our models are robust,…

  • Why Simulate? Unlocking the Potential of Discrete Event Simulation

    In any competitive business landscape, staying ahead of the curve is more than an advantage—it’s a critical necessity. When effectively implemented, DES can yield returns that exceed 100x, standing as a powerful tool in unlocking value and driving transformative business outcomes.

Innovate Your Business

Discover the power of simulation modelling. Contact us now to unlock your business’s full potential.

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