Due to the large plutonium (Pu) throughput and high burn-up fuel in an advanced reprocessing facility, we are faced with the inevitable increasing burden of nuclear material accountancy (NMA) to meet the International Atomic Energy Agency (IAEA) safeguards criteria. A large volume of sampling analysis and inspectors' activities result in a great cost for facility operation. Therefore, it is increasingly important to evaluate a cost-effective performance for the safeguards system. In order to design an advanced safeguards system, we have initiated the development of a safeguards system simulator. The simulator is composed of several interrelated cores and a separate core is planned to develop. The NMA core is a near-real-time accounting (NRTA) code that had been originally developed more than ten years ago and has been improved on an objective-driven pre- and post-processor. A multivariate and multi-scale core based on a principle component analysis with a wavelet technique has been developed to provide an algorithm of process monitoring. The time and frequency decomposition was verified to be an effective technique to detect an abnormal event. In addition, a multiple optimization core has been developed with a fuzzy-linear-programming technique to investigate the cost-effective performance of the conceptual safeguards system. It is shown that a combination of flow-meter and non-destructive assay can be applied to the system in a cost-effective manner. In the future, a virtual design core will be developed to support a walk-through and three dimensional visible plant model.