The current study examines the effect of the analytical parameter values on the theoretical forming limit diagram (FLD) based on the Marciniak-Kuczynski model (M-K model). Tensile tests were performed to obtain stress-strain curves and determine the anisotropic properties in the rolling, transverse and diagonal direction of SPCC sheet materials. The experimental forming limit curve for SPCC sheet material was obtained by limiting dome stretching tests. To predict the theoretical FLD based on the M-K model, the Hosford 79 yield function was employed. The effects of three analytical parameters - the exponent of the yield function, the initial imperfection parameter and the fracture criterion parameter - on the M-K model, were examined and the results of the theoretical FLD were compared to the experimentally measured FLD. It was found that the various analytical parameters should be carefully considered to reasonably predict the theoretical FLD. The comparison of the acceptable forming limit area between the theoretical and experimental FLD is used to compare the two diagrams.