Enter Data
Enter Data
3. Create a Scenario:
In the Scenario Manager, click on "Add."
Enter a name for the scenario and select the cells you want to
change for the scenario.
Specify the values for the scenario.
4. View Scenarios:
Once you've created scenarios, you can view them by going to the
"Data" tab, clicking on "What-If Analysis," and selecting "Scenario
Manager."
5. Switch Between Scenarios:
Use the "Show" drop-down list in the Scenario Manager to switch
between different scenarios and see the impact on your data.
Goal Seek:
Alternatively, you can use Goal Seek for a What-If Analysis:
1. Enter Initial Data:
Enter the initial data into the spreadsheet.
2. Go to Goal Seek:
Go to the "Data" tab.
Click on "What-If Analysis" in the "Data Tools" group.
Choose "Goal Seek."
3. Set Goal Seek Parameters:
In the Goal Seek dialog box, set the "Set Cell" (the cell you want to
change), the "To Value" (the value you want), and the "By
Changing Cell" (the cell you want to adjust).
4. Click OK:
Click "OK," and Excel will calculate the required value to achieve
the specified goal.
Solver :
Using Solver in a spreadsheet, such as Microsoft Excel, allows you to find
optimal solutions to complex problems by adjusting input values. Here are steps
to use Solver in a typical spreadsheet:
Locate Solver:
After installation, you'll find Solver in the "Data" or "Analysis" tab, depending
on your spreadsheet software.
Set Constraints:
If there are constraints or limitations on the decision variables, specify them.
For example, you may have budget constraints or limits on resource usage.
Configure Solver Parameters:
Open the Solver dialog box. You will need to set parameters such as the
objective (maximize, minimize, or set a specific value), changing variables, and
constraints.
Review Results:
Examine the Solver results to ensure that it found a solution. If the Solver
cannot find a solution, you may need to adjust your constraints or revisit your
problem formulation.