Smart Investment Tool

This tool calculates metrics for investment analysis documented in NIST Advanced manufacturing Series 200-5. It calculates net present value, internal rate of return, and payback period along with executing sensitivity analysis using Monte Carlo techniques. The tool helps to identify the most economical projects/investments. For instance, it could be used to identify the most economical heating and cooling system or it might be used to rank a set of potential investments.

Data and Resources

Field Value
accessLevel public
bureauCode {006:55}
catalog_@context https://project-open-data.cio.gov/v1.1/schema/data.json
catalog_conformsTo https://project-open-data.cio.gov/v1.1/schema
catalog_describedBy https://project-open-data.cio.gov/v1.1/schema/catalog.json
identifier ark:/88434/mds2-2249
issued 2020-08-07
landingPage https://www.nist.gov/services-resources/software/smart-investment-tool
language {en}
license https://www.nist.gov/open/license
modified 2020-06-09 00:00:00
programCode {006:045}
publisher National Institute of Standards and Technology
references {https://doi.org/10.6028/NIST.AMS.200-5}
resource-type Dataset
source_datajson_identifier true
source_hash 9d90a75f68a3b1ac80961ba066ba8ea906956ced
source_schema_version 1.1
theme {"Mathematics and Statistics:Statistical analysis","Mathematics and Statistics:Modeling and simulation research","Manufacturing:Factory operations planning and control","Manufacturing:Manufacturing systems design and analysis","Manufacturing:Lean manufacturing",Manufacturing}
Groups
  • AmeriGEOSS
  • National Provider
  • North America
Tags
  • amerigeo
  • amerigeoss
  • ckan
  • cost-effective
  • economics
  • geo
  • geoss
  • internal-rate-of-return
  • investment
  • manufacturing
  • monte-carlo
  • national
  • net-present-value
  • north-america
  • payback
  • united-states
isopen False
license_id other-license-specified
license_title other-license-specified
maintainer Douglas Thomas
maintainer_email douglas.thomas@nist.gov
metadata_created 2025-11-21T14:58:20.832666
metadata_modified 2025-11-21T14:58:20.832670
notes This tool calculates metrics for investment analysis documented in NIST Advanced manufacturing Series 200-5. It calculates net present value, internal rate of return, and payback period along with executing sensitivity analysis using Monte Carlo techniques. The tool helps to identify the most economical projects/investments. For instance, it could be used to identify the most economical heating and cooling system or it might be used to rank a set of potential investments.
num_resources 1
num_tags 16
title Smart Investment Tool