Question: Perform a sensitivity analysis on the budget for values from $ 5 , 0 0 0 to $ 5 0 , 0 0 0 in

Perform a sensitivity analysis on the budget for values from $5,000 to $50,000 in increments of $5,000. In other words, create a table to capture the objective value for each of those budget values. Also, calculate the percentage reach (number reached / total customers) for each row. You might also want to create graph from this data.
True or false: the percentage reach increasing for every increase in budget.
Perform a sensitivity analysis on the budget for values from $5,000 to $50,000 in increments of $5,000. In other words, create a table to capture the objective value for each of those budget values. Also, calculate the percentage reach (number reached / total customers) for each row. You might also want to create graph from this data.
True or false: the percentage reach increasing for every increase in budget.
True
False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!