Call 0700ANALYTICS, +234-808-938-2423, +1-941-312-2149 or Mail: info@UrBizEdge.com or Visit: www.urbizedge.com | Privacy Policy | Terms and Conditions

# Register for the next special Business Data Analysis and In-depth Excel Training

## Wednesday, November 15, 2017

### Recorded Video of the Webinar On What-If-Analysis (Goal Seek, Scenario Manager, Data Table) and Solver in Excel

If you missed the live broadcast of the webinar, below is the link to the YouTube recording: https://www.youtube.com/watch?v=eE1yV9RNIko

We covered the following:
1. How to use Goal Seek to plan towards achieving a specific target/goal. I used four different examples to demonstrate the power of Goal Seek, from business loan planning to product break-even quantity analysis.
2. How to handle different scenarios and plan more proactively using Scenario Manager. I gave an illustration of how the Nigerian budget office creates scenarios around the crude oil price. The benchmark price they publish in the annual budget that is approved is just one of the many possible average prices of crude oil that they have run the budget through. It helps them put in place the processes and plans that might be drawn on if prices go too far off the benchmark value. Then I demoed how I use it for training planning, to measure the profitability of any training class based on best case, likely case and worst case scenarios.
3. How to use Data Table to plan more flexibly. It allows you to monitor the results for multiple combinations of changes in two input variables/parameters. I demoed how it would help with determining the profitable price and number of participants combination for a training class idea.
4. Finally, I showed us how to enable and use Solver for optimization analysis in business. Maybe you want to make the most of your shift workers or run your factory machines more productively or maximize profit margin or minimize costs, once you can outline your business in numbers in Excel linking the inputs to outputs, Solver will do the rest. I demoed how an FMCG uses it to determine how to supply its distributors from their warehouses in such a way that they minimize the freight cost.
You should watch the recorded session: https://www.youtube.com/watch?v=eE1yV9RNIko

#### 2 comments:

1. Goofing up your webinar arrangement is just a little part of what can turn out badly; obsolete facilitating strategies have a plenty of different issues best webinar software

2. Concurrent correspondence is perhaps the main parts of the remotely coordinating during online class meetings. An individual can take up inquiries and give answers to the clients. webinar hosting software