What is the difference between saving simulation formulas through "Save Columns -> Save Simulation Formula" and simulating using the Profiler tool?
The reason I am using a parametric model for simulation is that I want to have the relationship and the simulation formula so that I can write the corresponding code and repeat this process 100 times in a loop (to obtain the ARL of my control chart based on the model I constructed in phase I ).
If I were to do this manually with the software, it would be time-consuming and difficult.