if else programming

Using Excel show how the Exponential and Poisson distributions compare. Discusses their use in Queuing Models. Also demonstrates the use of SIPmath functions.

Works through a reliability analysis using SIPmath to calculate the NPV cost and propose a budget for maintaining the equipment.

Review the SIPmath reliability model. Discuss how the Exponential and Weibull distributions compare and how the Triangular and Poisson distributions compare.

Revise the reliability model to use the Weibull and Poisson distributions. Generate a new graphic to propose a cumulative budget for the repair costs.

Combine any number of XY graphs easily in Excel

Demonstrate how to have both generate and multiple experiments in the same SIPmath model. Creates a tornado chart with multiple experiments. Base model is about IT risks.