Modeling capacity usage
Overview of a model
A model is a simplified mathematical description of service components that evaluates historical data and predicts future behavior. Models are always built on existing data and analysis.
After you create a model, you define scenarios to perform multiple predictions under different conditions. Scenarios help to clarify how the given predictions might change with changes in the system or business driver data and arrive at the solution that best corresponds to the business needs.
You can manage the following types of models in BMC Helix Continuous Optimization:
- Working with time forecasting models
- Working-with-extrapolation-models
- Working with queuing network models
Scenarios and models
A scenario is an operating condition for a model. It defines the environment and the input parameters for a particular model solution. Running a model within a scenario predicts the behavior of entities for a particular condition.