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Explain brief about Goak Seek Command, Solver, Sceanerios

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Goal Seek Solver and Sceanerios are a Part of What if Data Analysis Tools.
Goal Seek find the Expected Change in terms of value to a calculated Items.
For Example if you have a sales data for the year 2007 where Profit is 350000 and you want to make it 500000 for the year 2008 so what changes you will do in Product cost or Product Price this you will find with Goal Seek. It is also known as Back calculation. It has some restrictions which is overcome by Solver. But before doing this type of calculation use Sceanerios to store different Calculated values using Goal Seek and Solver. You dont have to add these values in different sheets all the values stored as a sceanerios. so You can show different Predections to the customers without moving around the Sheets.

Posted on Dec 08, 2008

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Posted on Jan 02, 2017

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