SumProduct Services complement the six stages of model development.
Design
- Plotting the high-level relationships identified in the Planning stage helps to understand the main issues.
- Building up logical linkages gives rise to an influence diagram which can readily be used to construct a very simple, yet highly relevant communicative tool and / or strategic model.
- Can be used to evaluate the impact of different choices taken and assess the impact of the variability of forecast data going forward (one indicator of risk).