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An Introduction to Sensitivity Analysis - MIT …

D-4526-2 41 An Introduction to Sensitivity Analysis Prepared for the MIT System Dynamics in Education Project Under the Supervision of Dr. Jay W. Forrester by Lucia Breierova Mark Choudhari September 6, 1996 Vensim Examples added October 2001 Copyright 2001 by the Massachusetts Institute of Technology Permission granted to distribute for non-commercial educational purposes 47 D-4526-2 43 Table of Contents 1. ABSTRACT 46 2. Introduction 3. EXPLORATORY EXERCISES EXPLORATION 1: LEMONADE STAND 48 EXERCISE 51 DEBRIEF 55 EXPLORATION 2: EPIDEMICS 55 EXERCISE 57 DEBRIEF 62 4.

Introduction Sensitivity analysis is used to determine how “sensitive” a model is to changes in the value of the parameters of the model and to changes in the structure of the model. In this paper, we focus on parameter sensitivity. Parameter sensitivity is usually performed

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