System, method and graphical user interface for a simulation based calculator

1. A computer graphical user interface system comprising:

one or more selectable distribution models;

one or more user input fields for inputting rules associated with one or more random variables, said rules for computing said one or more random variables;

a processor for inputting one or more of the selectable distribution models and the rules into a simulator running on the system; and

an output field displaying one or more aspects of a result determined by the simulator, wherein said computer graphical user interface system enables a user to compute said one or more random variables and use said one or more random variables to compute another one or more random variables having a defined formula entered via the graphical user interface system, the defined formula including the one or more random variables for computing said another one or more random variables, wherein the processor automatically reruns the simulator to recomputed said result of said another one or more random variables if one or more values of said one or more random variables are changed, and wherein operations including at least addition, subtraction, multiplication, and division on said one or more random variables are enabled via the computer graphical user interface system,

wherein the processor is further operable to accumulate the one or more of the selectable distribution models and the rules as entered in the computer graphical user interface system and automatically re-run the simulator as the one or more of the selectable distribution models and the rules are entered, wherein the accumulated selectable distribution models and the rules collectively form a project model that can be stored and retrieved and upon which a simulator can be run.

2. The system of claim 1 , wherein the one or more selectable distribution models include one or more probability density functions.

3. The system of claim 2 , wherein the one or more probability density functions include Gaussian distribution, triangular distribution, or normal distribution or combinations thereof.

4. The system of claim 1 , wherein the one or more selectable distribution models has one or more attributes that are inputted into the one or more input fields.

5. The system of claim 1 , wherein the simulator runs a statistical model or a Monte Carlo model, or combinations thereof.

6. The system of claim 1 , wherein the system is applied to one or more fields of finance, education, government, inventory planning, resource management, resource planning.

7. The system of claim 1 , wherein the processor is further operable to detect a change in one or more values of the one or more input fields and automatically rerun the simulator with the changed values.

8. A method for simulation based calculator, comprising:

parsing an expression entered on a computer graphical user interface, said expression including one or more rules for computing one or more random variables;

determining a distribution model selected on the computer graphical user interface;

creating a data record including the data from the parsed expression and determined distribution model;

executing a computer simulator using the created record;

displaying one or more results of the computer simulator on the computer graphical user interface,

wherein said simulation based calculator enables a user to compute said one or more random variables and use said one or more random variables to compute another one or more random variables having a defined formula entered via the graphical user interface system, the defined formula including the one or more random variables for computing said another one or more random variables, wherein the simulation based calculator automatically reruns the simulator to re-compute said results of said another one or more random variables if one or more values of said one or more random variables are changed, and wherein operations including at least addition, subtraction, multiplication, and division on said one or more random variables are enabled via the computer graphical user interface system,

wherein the method further comprises accumulating the one or more of the selectable distribution models and the rules as entered in the computer graphical user interface and automatically re-running the simulator as the one or more of the selectable distribution models and the rules are entered, wherein the accumulated selectable distribution models and the rules collectively form a project model that can be stored and retrieved and upon which a simulation can be run.

9. The method of claim 8 , further including:

determining a change in the data record displayed on the computer graphical user interface; and

re-executing the computer simulator with the changed data record as input to the computer simulator.

10. The method of claim 9 , wherein the change in the data record is detected from the computer graphical user interface in response to a user entering a different value for the data record.

11. The method of claim 8 , wherein the steps of claim 8 , are repeated for each expression entered.

12. The method of claim 11 , wherein the computer simulator is automatically re-executed for all expressions entered in response to an additional expression being entered.

13. The method of claim 8 , wherein the computer simulator runs a statistical model or a Monte Carlo model, or combinations thereof.

14. A non-transitory computer-readable medium readable by a machine, tangibly embodying a program of instructions executable by the machine to perform a method of a simulation based calculator, comprising:

parsing an expression entered on a computer graphical user interface, said expression including one or more rules for computing one or more random variables;

determining a distribution model selected on the computer graphical user interface;

creating a data record including the data from the parsed expression and the determined distribution model;

executing a computer simulator using the created record; and

displaying one or more results of the computer simulator on the computer graphical user interface,

wherein said simulation based calculator enables a user to compute said one or more random variables and use said one or more random variables to compute another one or more random variables having a defined formula entered via the graphical user interface system, the defined formula including the one or more random variables for computing said another one or more random variables, wherein the simulation based calculator automatically reruns the simulator to recomputed said results of said another one or more random variables if one or more values of said one or more random variables are changed, and wherein operations including at least addition, subtraction, multiplication, and division on said one or more random variables are enabled via the computer graphical user interface system,

wherein the method further comprises accumulating the one or more of the selectable distribution models and the rules as entered in the computer graphical user interface and automatically re-running the simulator as the one or more of the selectable distribution models and the rules are entered, wherein the accumulated selectable distribution models and the rules collectively form a project model that can be stored and retrieved and upon which a simulation can be run.

15. The program storage device of claim 14 , further including:

determining a change in the data record displayed on the computer graphical user interface; and

re-executing the computer simulator with the changed data record as input to the computer simulator.

16. The program storage device of claim 15 , wherein the change in the data record is detected from the computer graphical user interface in response to a user entering a different value for the data record.

17. The program storage device of claim 14 , wherein the computer simulator runs a statistical model or a Monte Carlo model, or combinations thereof.