A method is provided including receiving a first input indicative of a desired design capacity of a refrigeration system, and receiving a second input indicative of a desired maximum acoustical noise of the refrigeration system. The method also includes iteratively selecting a candidate compressor system from a set of compressor systems, and iteratively selecting a candidate condenser system from a set of condenser systems. In addition, the method includes simulating operation of the refrigeration system based on the candidate compressor system and the candidate condenser system until a suitable refrigeration system is established having a computed design capacity greater than or equal to the desired design capacity, and a computed maximum acoustical noise less than or equal to the desired maximum acoustical noise. The method further includes providing an output indicative of the candidate compressor system and the candidate condenser system of the suitable refrigeration system.