Probabilistic modeling system for product design

A computer readable medium including a set of instructions for enabling a processor to:

• obtain data records relating to one or more input variables and one or more output parameters associated with the product;
• pre-process the data records based on characteristics of the input variables;
• select one or more input parameters from the one or more input variables;
• generate a computational model indicative of interrelationships between the one or more input parameters and the one or more output parameters based on the data records;
• provide a set of constraints to the computational model representative of a compliance state for the product;
• and
• use the computational model and the provided set of constraints to generate statistical distributions for the one or more input parameters and the one or more output parameters, wherein the one or more input parameters and the one or more output parameters represent a design for the product.

A computer-based product design system, comprising:

• a database containing data records relating one or more input variables and one or more output parameters associated with a product to be designed;
• and
• a processor configured to:
• obtain the data records relating to the one or more input variables and the one or more output parameters associated with the product;
• pre-process the data records based on characteristics of the input variables;
• select one or more input parameters from the one or more input variables;
• generate a computational model indicative of interrelationships between the one or more input parameters and the one or more output parameters based on the data records;
• provide a set of constraints to the computational model representative of a compliance state for the product;
• and
• use the computational model and the provided set of constraints to generate statistical distributions for the one or more input parameters and the one or more output parameters, wherein the one or more input parameters and the one or more output parameters represent a design for the product.