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Performing sensitivity analysis using toprank product
The increase in recent years in the sophistication, power, and user-friendliness of spreadsheets such as Microsoft Excel has meant that more decision makers are building their own spreadsheet models to help them in their decision making. These models however are only as good as two things. Firstly, the data that goes into the model, and secondly, the logic of the relationships built into the model. Inaccurate input data values or faulty logic can only produce
laid out and straightforward piece of software, so it would be useful to determine the sensitivity of a model to various inputs in relatively quickly with a low learning curve (Maycher, Accessed 21 April 2004). And, in addition, TopRank can be used for various functions, such as: capital budgeting, cost analysis, corporate planning, mortgage pricing, etc (Broadleaf Capital International, Accessed 21 April 2004). Last, as stated by Nathan Maycher above, TopRank is a good product at a good price.
