2. First example with crystal ball

2. First example with crystal ball

We are going to make the simplest exercise using crystal ball. As I said before, crystal ball help us to compute thousands of simulations for different scenarios. Therefore, we have to set a range of values for our values.

If we are trying to compute our expected profit, we could set till 3 kind of scenarios, otherwise this would be too time-consuming.

However using Cristal ball we will have thousands of outputs.

One of the most important keys is define the range of our inputs, and the kind of distribution.

Then we can get the a sensitivity analysis from our define variable in order to find out which inputs are affecting the define variable.  Here we realize that the Expenses are 70%, therefore we should take into account a change in expenses more than in sales.