How does scenario analysis work in excel 2007?

Hi Petra

Thank you for your question; and welcome to the forum.

If you could clarify - are you referring to the Scenarios feature; or the Solver feature?

thank you
Amanda

Thanks for you help Amanda.
Referring to Scenarios feature.
Regards,
Petra

Hi Petra

Thank you for coming back to me regarding your question.

A scenario can be described as a set of cell values that is saved and substituted into your worksheet as required. If you have multiple scenarios saved, you can load different scenarios into your worksheet to see which one gives the best results. For example, you might use scenarios to represent different budget options.

When you are creating scenarios for a worksheet, it is a good idea to create a base scenario with the actual or current data for the worksheet and name it appropriately. This way, when you are exploring the scenarios you have created, you will always be able to return to the original (or actual) data.

To create a scenario in Excel:
- Select the Data Ribbon, Data Tools group, click the What–If-Analysis button and select the Scenario Manager
- Click the Add button to display the Add Scenario dialogue box
- Enter a name for your scenario in the Scenario Name text box
- In the Changing Cells text box, select the cells whose values will be changing with your mouse
- Click the OK button to show the Scenario Values box. Here you will see a series of text fields labeled with the cell references for the corresponding changing cells. In each text field, you should enter the appropriate value for this scenario.
- Click the OK button to create the scenario.


To view a scenario:
- Select the Data Ribbon, Data Tools group, click the What–If-Analysis button and select the Scenario Manager
- Select a scenario from the Scenario Manager
- Click the Show button to see the results of the given scenario in the spreadsheet.

Scenarios is covered as part of our Excel 2007 Advanced course.

I hope this helps.
Amanda