BF174 HW04: Excel4
IF; Goal Seek, Scenario, Solver, Spin Button
1)
2)
Before starting, open Excel, and add Solver and Spin Button features as follows:
a)
Click File/Options/Customize Ribbon
b)
Check “Developer”, then click “OK”
c)
Click the “Developer” tab, then click “Add-Ins”, and check the following:
i)
Analysis Toolpak
ii)
Analysis Toolpak – VBA
iii) Solver Add-in
iv) Click “OK”
In the “Developer” tab, click “Insert”, and see that you have “Spin Button (Form Control)”
3)
4)
From Erin’s web site, for HW04, open “File to change” – save as username04.xlsx
In each of the five sheets, in the header, type your name and surname
In More IF
5)
Look at the answers to the question in C1, which are in C3:C122
Note: I may not put this answer in Quiz04
6)
Answer the question in D1 – put your answers in D3:D122
7)
Answer the question in E1 – put your answers in E3:E122
8)
In both columns D and E, show 1 decimal – then SAVE
In Goal Seek
9)
In row 14, find the four totals for PERSON1:PERSON4
10) In rows 15:16, use Goal Seek to find what is the percent of the total income that each
person must save in order to have 2000 – then SAVE
In Scenario
11) Save the prices of the 10 houses as a scenario, called: LIKELY
12) In B12, find the total of all houses
13) In E2:E11, use absolute references to show the commission % for each of the houses
14) In E12, find the total of all commissions
15) In B2:B11, by hand, add 10000 to prices of each one of the houses
16) Save the new prices of the 10 houses as a scenario, called: BEST CASE
17) Change commission to 10% – then, click back and forth between LIKELY and BEST CASE
scenarios – then SAVE
Last printed: 3/21/2016 9:44 PM
1
In Solver1
18) Maximize P = 10x + 12y, subject to the constraints: x + y <= 60, x – 2y >= 0, and x, y > 0
– when you are done, keep solver solution – do not show any Reports
19) In B16, show why an example of how a different number does not work for x
20) SAVE
In Spin Button
21) Make a Spin Button in column C, so that the values in F7 changes as follows: minimum 0,
maximum 90000, intervals 5000, start at 5000 – HINT: What should I use as my
maximum? What should I multiply by?
22) SAVE
1 From Introductory Mathematical Analysis for Business, Economics, and the Life and Social Sciences, 10th Edition,
Chapter 7, p. 315
Last printed: 3/21/2016 9:44 PM
2