Scenario analysis in spreadsheets with Excel's Scenario tool

Scenario analysis in spreadsheets with Excel's Scenario tool

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Article ID: iaor20071516
Country: United States
Volume: 6
Issue: 2
Publication Date: Jan 2005
Journal: INFORMS Transactions on Education
Authors: ,
Keywords: education in OR
Abstract:

‘What-if’ or sensitivity analysis is one of the most important and valuable concepts in management science (MS). To emphasize its practical relevance in a business environment, we teach students in our introductory MS course to analyze ‘scenarios’ with Excel's built-in Scenario tool. This paper demonstrates the application of the Scenario tool with several examples.

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