Week%209-ACC381 - Name College of Business Information...

Info iconThis preview shows pages 1–9. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Name College of Business Information Systems Management / Accounting Information Systems Lab- Using Data Tables for What-If Analysis Samantha Kleitsch / Lise Urbaczewski 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 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 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 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 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 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 Formulas used (i.e. how it works!) See Figure 8.6, page 491, for the formulas that are doing the behind the scenes calculations....
View Full Document

Page1 / 32

Week%209-ACC381 - Name College of Business Information...

This preview shows document pages 1 - 9. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online