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1
) Rules for Good Spreadsheet Model Design & Excel’s Golden Rule
2
) Description of the Fixed Variable Cost Analysis for the manufacturing of a Quad Boomerangs From Gel Boomerangs
3
) Create Formula Inputs Area (Formula Inputs, Parameters, Assumptions, Variables) with proper labeling and formatting
4
) Create Math Formulas that describe our calculations for our model
5
) Create Model Area that contains Decision Variable and later it will contain our Excel Formulas.
6
) Influence Diagram to show the flow Formula Inputs and Formulas in the Model.
7
) Create Excel Formulas in the Model Area with Proper Labels and Formatting.
8
) What-If Analysis with our Model
Description:
Dive into the principles of good spreadsheet model design through a practical fixed variable cost analysis example. Learn how to structure your Excel workbook effectively, starting with the creation of a well-organized formula inputs area. Develop mathematical formulas to describe your calculations, and construct a model area incorporating decision variables. Explore the use of influence diagrams to visualize data flow, and implement Excel formulas with proper labeling and formatting. Conclude by conducting what-if analysis to test your model's flexibility. Download accompanying files to follow along and reinforce your understanding of business analytics in Excel.

Basic Excel Business Analytics - Good Spreadsheet Model Design, Fixed Variable Cost Example

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#Business #Business Software #Microsoft Office 365 #Microsoft Excel #Data Science #Data Analysis #What-if Analysis
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) Rules for Good Spreadsheet Model Design & Excel’s Golden Rule