How to Create a Sensitivity Table in Excel (2 Methods)

Sensitivity analysis evaluates how various values of an independent variable impact a specific dependent variable. We will apply this to the sample data set below.

2 Effective Ways to Create a Sensitivity Table in Excel


Method 1 – Create a Sensitivity Table with One Variable

 

Steps:

  • Make three extra fields in the primary data set to calculate the total sales, total cost, and profit.

  • To calculate the total cost insert the following formula in cell F6 and press Enter to get the value.
=F4*F5

  • To find the total cost, add the utility cost and the transport cost together.
  • To do this, in cell F9 type the following formula and hit Enter.
=F7+F8

  • Determine the profit by entering the following formula in cell F10.
  • Press Enter.
=F6-F9 

  • In cell C13 of the sensitivity table, insert =F10 as in the following image.

  • In the product quantity row, input the amount of product.
  • Select range C12:H13 and go to the Data tab of the ribbon.
  • From the What-If Analysis dropdown, choose Data Table.

Selecting Data Table from What-If Analysis to Create a Sensitivity Table with One Variable

  • In the Row input cell box, select cell F4, to create a data table based on product quantity.
  • Press OK.

  • The sensitivity table displays estimated profits for selling different quantities of a single product.

Showing Final Result of Creating a Sensitivity Table with One Variable as An Effective Way to Create a Sensitivity Table in Excel


Method 2 – Create a Sensitivity Table with Two Variables

Steps:

  • Create an additional table under the primary data set.

  • In cell C13, insert the same cell value as cell F10 as in the following image.

  • Choose Data Table from What-If Analysis after selecting the range C13:H18 as in the picture given below.
  • Input the values of both chosen variables.

Selecting Data Table from What-If Analysis to Create a Sensitivity Table with Two Variables

 

  • In the Row input cell box select cell F5.
  • In the Column input cell box select cell F4.
  • Press OK.

  • The sensitivity table has been filled with various values of profit.
  • This indicates how much profit can be earned in terms of each product quantity and price per unit.

Read More: How to Create a Two-Variable Data Table in Excel

 


Download Practice Workbook

 


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Md. Araf Bin Jayed
Md. Araf Bin Jayed

I am Araf. I have completed my B.Sc in Industrial and Production Engineering from Ahsanullah University of Science and Technology. Currently I am working as an Excel & VBA Content Developer in Softeko. With proper guideline and aid of Softeko I want to be a flexible data analyst. With my acquired knowledge and hard work, I want to contribute to the overall growth of this organization.

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