Sensitivity Analysis: An Introduction for the Management Scientist

By Emanuele Borgonovo

Book Overview

Setup of Sensitivity Analysis.- Deterministic Methods.- Tornado Diagrams.- One-way Sensitivity Analysis.- General Relationship Between One-way Sensitivity Functions and Tornado Diagrams.- Do One-way Sensitivity Functions Remedy the Limitations of Tornado Diagrams?.- Differentiation-Based Methods.- An Application: Classical Optimization.- From Infinitesimal to Finite Changes: Generalized Tornado Diagrams.- Estimation and a Computational Shortcut.- Multilinear Functions: Taylor vs Functional ANOVA Expansions.- What to Use and When.- Value of Information.- Local Sensitivity Analysis with Constraints.- Probabilistic Sensitivity Methods.- Uncertainty Analysis.- Global Sensitivity Analysis.- Variance-Based Methods.- Managerial Insights.- The -Importance Measure.- Propoerties.- An Example.- Managerial Interpretation.- CDF-Based Sensitivity Measures.- Transformation Invariant Sensitivity Measures.- Global Sensitivity Analysis with Value of Information.- Exercising in Global Sensitivity Analysis: Test Cases.- Additional Results on the Analytical Properties of High Dimensional Model Representations.- Managerial Insights.- Applications.- Local Sensitivity Analysis in Capital Budgeting.

• Format: Paperback
• Language: English
• ISBN: 3319848607
• ISBN13: 9783319848600
• Release Date: July 2018
• Publisher: Springer
• Length: 294 Pages
• Weight: 0.96 lbs.
• Dimensions: 0.7" x 6.1" x 9.2"