MISER-SR is used to take account of the uncertainty of future conditions by integrating Monte Carlo Simulation.
Rather than use a single scenario, Monte Carlo Simulation allows the user to specify statistical distributions associated with a range of parameters, such as demand and inflows. The MISER model is run many times, with each trial using data sampled from the distributions, in accordance with the probability of occurrence. This gives a distribution of output from the model, which provides a fuller understanding than the simple "average" or "worst-case" scenario.
