|How It Works|
SensIt performs sensitivity analysis on your worksheet what-if model and creates simple plots, spider charts, and tornado charts.
SensIt creates tornado charts for both one-way and two-way sensitivity analysis.
In a decision situation, sensitivity analysis helps you determine which of your input assumptions are critical so that you know where to focus your effort for gathering more information or reducing uncertainty.
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Single-license SensIt Pro $59
- Save time by using SensIt to automate your what-if sensitivity analysis.
- Two ways to run SensIt: quick launch for temporary use, or permanent installation.
- Identify which of your model’s input assumptions are critical.
- Use SensIt spider charts to identify nonlinear relationships.
- Decide which inputs require probability distributions for subsequent Monte Carlo simulation using SimVoi.
- Use SensIt’s tables and charts to explain your analysis to clients and colleagues.
How It Works
- Create a what-if spreadsheet model,
- identify the input cells containing assumptions (e.g., variable cost, demand, etc.),
- specify a range for each input value,
- identify the output cell containing the performance measure (e.g., annual profit), and
- press Option+Command+S (Mac Excel 2011) or Control+Shift+S (Excel 2010 & 2013).
SensIt performs single-factor and two-factor sensitivity analysis by automatically varying the input values, tabulating the corresponding output values, and creating tornado and spider charts.
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