A Mathematical Programming Approach to Supply Chain Network Design considering Shareholder Value Creation

Table 8

Sensitivity analysis of value created according to changes in financial parameters.

Parameter	Change (%)
	−15	−10	−5	−2	+2	+5	+10	+15
Cost of capital rate at time period t ()	105,947,496	101,350,940	96,869,752	94,204,964	90,717,780	88,114,172	83,796,384	79,838,788
Tax rate ()	99,756,840	97,326,664	94,896,184	93,435,236	91,484,468	90,020,784	87,580,196	85,139,760
Depreciation rate	93,832,792	93,377,628	92,919,880	92,644,304	92,275,780	91,998,608	91,534,324	91,070,724