Beginning Excel what-if data analysis tools : getting by Paul Cornell

By Paul Cornell

* the single e-book out there devoted to the What-If features and instruments equipped into Excel, that are key to many enterprise research eventualities.

* targeted and to the purpose – the place different Excel books strength the reader to struggle through 100’s of pages of similar details and devote hours of interpreting, this publication will get instantly to the subject of training the reader approximately What-If state of affairs instruments in Excel.

* deals the private educational remedy of the Solver add-in, the target Seeker and the opposite What-If situation research instruments, in a pragmatic, hands-on workouts method of utilizing Excel to get company effects.

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Extra resources for Beginning Excel what-if data analysis tools : getting started with Goal Seek, data tables, scenarios and Solver

Sample text

Cell B1 represents the inventory item’s initial value, cell B2 represents the inventory item’s final depreciated value, cell B3 represents the number of years over which the inventory item has depreciated, and cell B4 represents the straight drop in value of the inventory item for each one of those years. Figure 3-3. The Business Inventory Depreciation scenario Using this example, if you wanted to forecast the yearly depreciation over a different number of years, or raise or lower the initial value or the final depreciated value, you could define scenarios with other sets of values, and then substitute them to see the results of each scenario.

The Close button closes the Scenario Manager dialog box. • The Add button displays the Add Scenario dialog box, so you can add a scenario. • The Delete button deletes the selected scenario from the worksheet. • The Edit button displays the Edit Scenario dialog box, so you can modify an existing scenario. This button is disabled if there are no scenarios in the worksheet. qxd 42 10/27/05 10:19 PM Page 42 CHAPTER 3 ■ SCENARIOS • The Merge button displays the Merge Scenarios dialog box, so you can add the scenarios from one worksheet to another worksheet.

Click Tools ➤ Goal Seek. 3. In the Set Cell box, type or click cell B6. 4. In the To Value box, type 2500. qxd 18 10/27/05 11:34 PM Page 18 CHAPTER 1 ■ GOAL SEEK 5. In the By Changing Cell box, type or click cell B3. 6. Click OK, and click OK again. 54. 50. 1. 5 C3: 200 C4: 225 2. Click Tools ➤ Goal Seek. 3. In the Set Cell box, type or click cell B6. 4. In the To Value box, type 4000. 5. In the By Changing Cell box, type or click cell B4. 6. Click OK, and click OK again. 22. ■Note You can also use Solver for the theater ticket price problems.

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