Excel.10 - ExcelTutorial10 PerformingWhatIf Analyses...

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COMPREHENSIVE  Excel Tutorial 10 Performing What-If  Analyses
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Objectives Explore the principles of cost-volume-profit  relationships Perform a basic what-if analysis Use Goal Seek to calculate a solution Create a one-variable data table Create a two-variable data table Create and apply different Excel scenarios New Perspectives on Microsoft Office Excel 2007 2
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Objectives Generate a scenario summary report Generate a scenario PivotTable report Explore the principles of price elasticity Run Solver to calculate optimal solutions Create and apply constraints to a Solver  model Save and load a Solver model New Perspectives on Microsoft Office Excel 2007 3
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Understanding Cost-Volume- Profit Relationships Cost-volume-profit (CVP) analysis  expresses the  relationship between a company’s expenses, its  volume of business, and the resulting profit or net  income Variable expenses  change in proportion to the  amount of business a company does fixed expense  is an expense that must be paid  regardless of sales volume variable expense  is part variable and part fixed The point where revenue equals expenses is called  the  break-even point Break-even analysis New Perspectives on Microsoft Office Excel 2007 4
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Understanding Cost-Volume- Profit Relationships New Perspectives on Microsoft Office Excel 2007 5
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Working with What-If Analysis  and Goal Seek To perform what-if analysis: Change the value of a worksheet cell (the input cell) Observe its impact on one or more calculated cells (the  result cells) To perform Goal Seek: In the Data Tools group on the Data tab, click the What-If  Analysis button, and then click Goal Seek In the Set cell box, select the result cell, and then, in the  To value box, specify its value (goal) In the By changing cell box, specify the input cell Click the OK button. The value of the input cell changes  to set the value of the result cell New Perspectives on Microsoft Office Excel 2007 6
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Working with What-If Analysis  and Goal Seek New Perspectives on Microsoft Office Excel 2007 7
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Working with What-If Analysis  and Goal Seek New Perspectives on Microsoft Office Excel 2007 8
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Working with One-Variable Data  Tables data table  organizes the results of several what-
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