AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/article-1G1-147825190/technical-note-constructing-tornado.html" title="Facts and information about Technical note: constructing tornado diagrams with spreadsheets.">Technical note: constructing tornado diagrams with spreadsheets.</a>
Close
Set up an RSS feed that alerts you when new articles from Engineering Economist are available.
Frequently asked questions about RSS feeds
Technical note: constructing tornado diagrams with spreadsheets.
Tornado diagrams are a classic tool of sensitivity analysis for decision analysis, yet engineering economy texts and TEE articles rarely include them. It is suggested that this is due to apparent barriers in constructing them--particularly for problems with positive and negative values. While the texts and articles may not represent typical engineering economy practice, they certainly lay the foundation for it. This note summarizes how to construct tornado diagrams in Excel. A template for constructing these diagrams is available from the author at aftge@uaa.alaska.edu.
INTRODUCTION
Sensitivity analysis is needed to address the inherent uncertainty in ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- Javelin diagrams: a graphical tool for probabilistic sensitivity analysis.
- Magazine article from: Decision Analysis Felli, James C. Hazen, Gordon B. June 1, 2004 700+ words
...analog of tornado diagrams for probabilistic sensitivity analysis, which we...probabilistic sensitivity analysis; tornado diagrams; javelin...analog of tornado diagrams for probabilistic sensitivity analysis, which we...
- Parametric sensitivity analysis using large-sample approximate Bayesian...
- Magazine article from: Decision Analysis Hazen, Gordon B. Huang, Min December 1, 2006 700+ words
When a decision analyst desires a sensitivity analysis on model parameters that are estimated...a traditional threshold proximity sensitivity analysis, or a probabilistic sensitivity analysis. The existence of such a large...
- Sensitivity analysis in decision making under risk with three states of nature:...
- Magazine article from: Journal of Academy of Business and Economics Dondeti, V. Reddy Mohanty, Bidhu B. January 1, 2007 700+ words
...we often resort to sensitivity analysis to understand how the...help to us in doing the sensitivity analysis. In this paper, we...LP) approach to do sensitivity analysis in problems involving...
- Sensitivity analysis for relaxed cocoercive nonlinear quasivariational...
- Magazine article from: Journal of Applied Mathematics and Stochastic Analysis Verma, Ram U. January 1, 2006 700+ words
Some results on the sensitivity analysis for relaxed cocoercive quasivariational...which generalize similar sensitivity analysis results on strongly monotone...general methods for the sensitivity analysis for variational inequalities...
- A frequency domain metamodeling approach to transient sensitivity...
- Magazine article from: IIE Transactions MORRICE, DOUGLAS J. SCHRUBEN, LEE W. March 1, 2001 700+ words
...rather than metamodeling and sensitivity analysis (Law and Kelton 1991, chapter...referred to as transient sensitivity analysis (Morrice and Gupta, 1994). The goal of transient sensitivity analysis is to estimate the mean transient...
- A general method for local sensitivity analysis with application to regression...
- Magazine article from: Technometrics Castillo, Enrique Conejo, Antonio Hadi, Ali S. Fernandez-Canteli, Alfonso November 1, 2004 700+ words
...introduces a method for sensitivity analysis of general applicability...This is known as sensitivity analysis. Saltelli, Chan...the following about sensitivity analysis: Sensitivity analysis...
- Sensitivity Analysis.(Review)
- Magazine article from: Technometrics August 1, 2001 700+ words
Sensitivity Analysis, edited by Andrea SALTELLI...was new to me. I knew about sensitivity analysis in regression (e.g., see...2000). Chapter 1 ("What Is Sensitivity Analysis?"), verse one, states...
- A metamodel approach to sensitivity analysis of capital project valuation.
- Magazine article from: Engineering Economist Sartori, David E. Smith, Alice E. September 22, 1997 700+ words
INTRODUCTION Sensitivity analysis is an important aspect of...of a method for performing sensitivity analysis based on a design of experiments...break even. PREVIOUS WORK IN SENSITIVITY ANALYSIS Many researchers and practitioners...
- Sensitivity analysis of the Pennsylvania phosphorus index for agricultural...
- Magazine article from: Journal of Soil and Water Conservation Brandt, R.C. Elliott, H.A. July 1, 2005 700+ words
...responds to its input variables. Sensitivity analysis can provide this insight. Sensitivity analysis is a technique used in risk assessment...research (Frey and Patil, 2001). Sensitivity analysis is widely applied to mathematical...
- Sensitivity training: changes in your assumptions can dramatically affect...
- Magazine article from: Lotus Creswell, Donald C. McNamee, Peter May 1, 1991 700+ words
...This month's template runs a sensitivity analysis on that model to test the effect...run a what-if analysis. Like a sensitivity analysis, a what-if analysis starts from...not be equally likely to occur. Sensitivity analysis rationalizes the what-if process...
Source: HighBeam Research, Technical note: constructing tornado diagrams with spreadsheets.