Week%209-ACC381 - CollegeofBusiness Information Systems...

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Name College of Business Information Systems Management / Accounting Information Systems Lab - Using Data Tables for What-If Analysis Samantha Kleitsch / Lise Urbaczewski
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Recall: What-if Analysis - What output results if the value of various input assumptions change. - We change one cell of data and see how the other values in the workbook change. Property of L. Urbaczewski / S. Kleitsch
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Performing What-if analysis Using Data Tables: For what-if question involving a range of values Perform many calculations at once Scenario Manager For use with multiple what-if models in one worksheet Switch between scenarios to see how various assumptions affect the results of calculations. Property of L. Urbaczewski / S. Kleitsch
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Analyzing Results Which results are most likely: Use your knowledge of business Use realistic but not actual data Simulations! Property of L. Urbaczewski / S. Kleitsch
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Focus Today: 1. Conduct break-even and sensitivity analyses 2. Create and use one-variable data tables 3. Create and use two-variable data tables 4. Using the SUMPRODUCT function 5. Understand the use of different scenarios Property of L. Urbaczewski / S. Kleitsch
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Break-even Analysis What is break-even analysis? Profit = 0 Total costs = Revenue Recall: Profit = Revenue – (Fixed Cost + Variable Cost) Property of L. Urbaczewski / S. Kleitsch
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Example, input and result cells See Figure 8.5, page 490. This shows input cells and output, or result, cells. Property of L. Urbaczewski / S. Kleitsch
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Formulas used (i.e. how it works!) See Figure 8.6, page 491, for the formulas that are doing the ‘behind the scenes’ calculations.
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