Module 8: End of Module Project 1
Description
- Madhu Patel is a sales analyst for Four Winds Energy, a manufacturer of wind energy products, in San Antonio, Texas. Madhu is developing a workbook to analyze the profitability of the company's wind turbines. She asks you to help her analyze the sales data to determine how the company can increase profits. Go to the Income Analysis worksheet.. In the range E5:H14, create a one-variable data table using cell C5 as the Column input cell, to calculate the revenue, expenses, and net income based on units sold.
- Madhu asks you to provide a visual representation of the break-even data. Create a Scatter with Straight Lines chart based on the units sold, revenue, and expenses in the data table (range E4:G14). Resize and position the chart so it covers the range I3:N15.
- Madhu wants to clarify the purpose of the chart and focus on the areas containing data. Use Break-Even Point as the chart title. Change the Minimum bound of the horizontal axis to 2,500 and let the Maximum bound adjust automatically. Change the Minimum bound of the vertical axis to 2,000,000 and let the Maximum bound adjust automatically.
- Madhu also wants to examine how varying sales price and volume affects net income from wind turbines... For the range E18:J27, create a two-variable data table using the price per unit (cell C6) as the Row input cell and the units sold (cell C5) as the Column input cell. In cell E18, create a custom number format that displays "Units Sold" instead of the net income value.
- Madhu has also created two scenarios in the Income Analysis worksheet. The Current scenario assumes the current values for units sold, price, and fixed expenses (salaries and benefits, distribution, and miscellaneous). The Lower Price scenario assumes more units sold at a lower price. She also wants to create a scenario that assumes fewer units sold at a higher price. Create a scenario using the data shown in bold in Table 1 without applying any scenarios. Table 1: Income Analysis Scenario Values
Scenario name Raise Price Changing cells C5:C6, C18:C20 Units_sold (C5) 4500 Price_per_unit (C6) 1239 Salaries_and_benefits (C18) 800000 Distribution (C19) 510000 Miscellaneous (C20) 300000
- Use the Scenario Manager to create a Scenario Summary report that summarizes the effect of the Current, Lower Price, and Raise Price scenarios. Use the total revenue, total expenses, and net income in the range C24:C26 as the result cells. Go to the Scenario Summary worksheet and delete column D, which repeats the current values.
- Return to the Income Analysis worksheet. Create a Scenario PivotTable report of the three scenarios displaying the total revenue, total expenses, and net income (range C24:C26) for each scenario.
- Go to the Scenario PivotTable worksheet. Madhu wants to make the PivotTable easier to interpret. Remove the filter from the PivotTable. Use Total Revenue as the row label in cell B3, use Total Expenses as the row label in cell C3, and use Net Income as the row label in cell D3.. Resize columns B:D to their best fit using AutoFit.
- Madhu also wants to compare the three scenarios in a chart. Create a Clustered Column PivotChart based on the PivotTable. Resize and position the chart so it covers the range A8:E24.
- Go to the Product Line worksheet, which lists three wind turbines that Four Winds Energy produces and sells. Madhu wants to find the product mix that generates the most net income for the company. Use Solver to maximize the percentage of difference between the even and optimal product mixes (cell F23) by changing the optimal product mix (range C10:E10) subject to the following constraints: · The total units sold in the optimal product mix (cell D18) must be 4,750. · The company needs to produce 1,200 or more of each turbine model, so the optimal mix values for each model (range C10:E10) must be at least 1,200. · Those same values in the range C10:E10 must be integers. The Remaining values for each assembled part (range J5:J13) must be greater than or equal to zero..
- Run Solver, keep the solution, and then return to the Solver Parameters dialog box. Save the model to the range H17:H24, and then close the Solver Parameters dialog box.
#cengage #solutions
Disclaimer: Our videos are intended solely for educational purposes, with the goal of assisting students in understanding how to solve problems in various courses. We want to emphasize that any attempt to copy or replicate the solutions shown in these videos may be regarded as a breach of academic integrity policies at your college or university. We strongly recommend that you use these videos as a guide and as a tool to support your learning, but we urge you to complete your assignments independently and refrain from cheating or plagiarism. Please be aware that we are not liable for any consequences resulting from the misuse of these videos in violation of academic integrity policies.
Transcript
1 00:00:02,340 --> 00:00:07,500 all right so this modulate in the flow
2 00:00:04,860 --> 00:00:09,300 in the module project one so right of
3 00:00:07,500 --> 00:00:11,880 the bat make sure you change your
4 00:00:09,300 --> 00:00:14,519 project name to underscore 2 because
5 00:00:11,880 --> 00:00:17,640 while we make reports in the further
6 00:00:14,519 --> 00:00:19,380 step and it will generate the name of
7 00:00:17,640 --> 00:00:21,660 the file and while you submit the file
8 00:00:19,380 --> 00:00:23,699 to the same gauge it might show here so
9 00:00:21,660 --> 00:00:27,240 make sure you change the name and then
10 00:00:23,699 --> 00:00:29,760 make sure you add the solver add-in
11 00:00:27,240 --> 00:00:32,940 okay so step one it is saying mother
12 00:00:29,760 --> 00:00:35,579 Patel is a sales analyst for foreign
13 00:00:32,940 --> 00:00:38,180 energy and go to income analysis
14 00:00:35,579 --> 00:00:41,160 worksheet so on the bottom click here
15 00:00:38,180 --> 00:00:43,440 which leads the revenue and expenses for
16 00:00:41,160 --> 00:00:45,780 the this one turbine and calculated the
17 00:00:43,440 --> 00:00:47,940 net income or the one to compare the
18 00:00:45,780 --> 00:00:50,160 financial outcome for better any varying
19 00:00:47,940 --> 00:00:52,860 amount of turbines sold and identify the
20 00:00:50,160 --> 00:00:56,820 number of units the company need to sell
21 00:00:52,860 --> 00:00:59,100 to break even modu has already entered
22 00:00:56,820 --> 00:01:01,920 formula in the range E5 through S5 to
23 00:00:59,100 --> 00:01:05,640 extract data from the income analysis in
24 00:01:01,920 --> 00:01:11,100 the range V4 through c26 in the range as
25 00:01:05,640 --> 00:01:13,380 5 through S14 or E5 through as 14 so
26 00:01:11,100 --> 00:01:15,540 okay E5
27 00:01:13,380 --> 00:01:19,619 through as 14
28 00:01:15,540 --> 00:01:22,140 it is saying create a one variable data
29 00:01:19,619 --> 00:01:24,479 table using cell S5 as the column input
30 00:01:22,140 --> 00:01:25,740 cell to calculate the revenue expenses
31 00:01:24,479 --> 00:01:28,320 and okay
32 00:01:25,740 --> 00:01:30,979 so here it is saying one variable data
33 00:01:28,320 --> 00:01:33,840 table for that go to data tab groups
34 00:01:30,979 --> 00:01:36,360 data Tab and then under the forecast
35 00:01:33,840 --> 00:01:39,200 group here is what if analysis click
36 00:01:36,360 --> 00:01:42,720 here and then go to data table
37 00:01:39,200 --> 00:01:46,020 so it is saying in this is create using
38 00:01:42,720 --> 00:01:48,560 C5 as the column input cell okay so
39 00:01:46,020 --> 00:01:52,920 column input cell as
40 00:01:48,560 --> 00:01:54,840 C5 to calculate Revenue expenses okay
41 00:01:52,920 --> 00:01:57,299 now hit OK
42 00:01:54,840 --> 00:01:59,460 all right so Step One is down now it is
43 00:01:57,299 --> 00:02:01,860 saying modu asked you to provide a
44 00:01:59,460 --> 00:02:04,259 visual representation of the break even
45 00:02:01,860 --> 00:02:06,360 data create a scatter with straight
46 00:02:04,259 --> 00:02:09,720 lines are based on the unit sold revenue
47 00:02:06,360 --> 00:02:11,760 and expenses in the data table range E4
48 00:02:09,720 --> 00:02:18,120 through z12
49 00:02:11,760 --> 00:02:19,800 okay so from E4 through g12 or G14 so
50 00:02:18,120 --> 00:02:22,140 z14
51 00:02:19,800 --> 00:02:25,379 already saying scattered with state line
52 00:02:22,140 --> 00:02:27,620 chart so for that go to insert and then
53 00:02:25,379 --> 00:02:30,780 here is the chart
54 00:02:27,620 --> 00:02:33,660 so let's go to recommended chart
55 00:02:30,780 --> 00:02:35,459 and then click on all that Tab and then
56 00:02:33,660 --> 00:02:37,500 it was saying scattered
57 00:02:35,459 --> 00:02:39,180 okay and then it was saying straight
58 00:02:37,500 --> 00:02:41,160 lines
59 00:02:39,180 --> 00:02:42,180 so this is with marker so this is
60 00:02:41,160 --> 00:02:43,680 straight line
61 00:02:42,180 --> 00:02:46,140 oh let's say this is the required one
62 00:02:43,680 --> 00:02:48,120 and then hit OK
63 00:02:46,140 --> 00:02:49,739 and then it is saying resize and
64 00:02:48,120 --> 00:02:56,660 reposition the search so it covered the
65 00:02:49,739 --> 00:02:56,660 range I 3 through 9 n 15. all right so
66 00:02:57,360 --> 00:03:03,840 i3
67 00:03:00,060 --> 00:03:08,099 through and 15.
68 00:03:03,840 --> 00:03:11,400 okay so let's make sure oops
69 00:03:08,099 --> 00:03:13,640 this is I3
70 00:03:11,400 --> 00:03:17,060 and then
71 00:03:13,640 --> 00:03:17,060 15 okay
72 00:03:17,819 --> 00:03:22,140 so this is n 15.
73 00:03:21,000 --> 00:03:24,000 all right
74 00:03:22,140 --> 00:03:25,980 now
75 00:03:24,000 --> 00:03:28,620 step three designing other one to
76 00:03:25,980 --> 00:03:31,019 clarify the purpose of that and focus on
77 00:03:28,620 --> 00:03:34,980 the UI containing data use Break Even
78 00:03:31,019 --> 00:03:36,180 Point as the chart title okay so double
79 00:03:34,980 --> 00:03:38,900 click
80 00:03:36,180 --> 00:03:42,840 and then it wants
81 00:03:38,900 --> 00:03:44,580 break gas even and then fight
82 00:03:42,840 --> 00:03:47,280 change the minimum bound of the
83 00:03:44,580 --> 00:03:49,319 horizontal axis okay so for that click
84 00:03:47,280 --> 00:03:51,360 floss and then
85 00:03:49,319 --> 00:03:53,459 and just click any of these and then
86 00:03:51,360 --> 00:03:55,200 click more options and then this section
87 00:03:53,459 --> 00:03:56,700 will have error you can double click
88 00:03:55,200 --> 00:03:58,799 double click on the chart in this
89 00:03:56,700 --> 00:04:00,959 section will have here so it is saying
90 00:03:58,799 --> 00:04:03,480 change minimum bound of horizontal axis
91 00:04:00,959 --> 00:04:06,299 so for that click on this drop down and
92 00:04:03,480 --> 00:04:08,220 then click horizontal value axis and
93 00:04:06,299 --> 00:04:09,959 then click on this icon access option
94 00:04:08,220 --> 00:04:12,540 and then click on access option drop
95 00:04:09,959 --> 00:04:15,959 down and everything change minimum bound
96 00:04:12,540 --> 00:04:18,600 so minimum bound it is zero so it sends
97 00:04:15,959 --> 00:04:22,040 it to 2500 and it is saying let the
98 00:04:18,600 --> 00:04:24,419 maximum bound at this automatically okay
99 00:04:22,040 --> 00:04:26,699 change the minimum bound of the vertical
100 00:04:24,419 --> 00:04:30,419 axis so
101 00:04:26,699 --> 00:04:32,580 for vertical axis so same thing go to
102 00:04:30,419 --> 00:04:35,100 axis option drop down and then it is
103 00:04:32,580 --> 00:04:37,139 saying change the minimum bound
104 00:04:35,100 --> 00:04:39,960 to
105 00:04:37,139 --> 00:04:42,740 2 and then one two three four five six
106 00:04:39,960 --> 00:04:45,540 or two million and then hit enter okay
107 00:04:42,740 --> 00:04:49,560 now step forward is saying model also
108 00:04:45,540 --> 00:04:51,720 wants to examine how berang sales price
109 00:04:49,560 --> 00:04:54,300 and volume effect net income from wind
110 00:04:51,720 --> 00:04:56,820 turbine she has already entered the net
111 00:04:54,300 --> 00:04:59,820 income in cell E18
112 00:04:56,820 --> 00:04:59,820 27
113 00:05:00,780 --> 00:05:03,300 so
114 00:05:02,750 --> 00:05:05,300 [Music]
115 00:05:03,300 --> 00:05:05,300 um
116 00:05:05,580 --> 00:05:09,780 okay so from here
117 00:05:07,740 --> 00:05:11,699 to j27
118 00:05:09,780 --> 00:05:13,440 so from here to here
119 00:05:11,699 --> 00:05:16,320 it is saying
120 00:05:13,440 --> 00:05:19,979 uh created two variable data table using
121 00:05:16,320 --> 00:05:21,240 the price per unit C6 as so same thing
122 00:05:19,979 --> 00:05:24,120 go to
123 00:05:21,240 --> 00:05:26,400 data Tab and then under
124 00:05:24,120 --> 00:05:29,280 oops under forecast group where is what
125 00:05:26,400 --> 00:05:31,139 if analysis and then go to data table so
126 00:05:29,280 --> 00:05:32,820 now it is two variables so we need to
127 00:05:31,139 --> 00:05:35,580 input we want to interpose row and
128 00:05:32,820 --> 00:05:38,940 column value so for
129 00:05:35,580 --> 00:05:43,680 for row input cell it is saying C6 okay
130 00:05:38,940 --> 00:05:46,680 C6 and then for column input cell
131 00:05:43,680 --> 00:05:48,300 okay as row input cell and then C5 has
132 00:05:46,680 --> 00:05:51,060 column
133 00:05:48,300 --> 00:05:55,100 so insulating create a question okay so
134 00:05:51,060 --> 00:05:55,100 after this we'll do that here okay
135 00:06:01,340 --> 00:06:07,800 instead of this okay so into display
136 00:06:04,199 --> 00:06:09,360 unit zone so right click and then format
137 00:06:07,800 --> 00:06:11,940 cell
138 00:06:09,360 --> 00:06:16,440 okay and then click on this custom tab
139 00:06:11,940 --> 00:06:20,100 under category group and then
140 00:06:16,440 --> 00:06:22,280 oops let's scroll okay otherwise you
141 00:06:20,100 --> 00:06:26,639 just click here and then delete
142 00:06:22,280 --> 00:06:30,240 this and then under quotation type units
143 00:06:26,639 --> 00:06:33,840 sold so units and then sold and then
144 00:06:30,240 --> 00:06:36,360 quotation mark and then click ok so this
145 00:06:33,840 --> 00:06:38,880 will change the unit is sold so after
146 00:06:36,360 --> 00:06:40,979 that in step 5 it is saying model has
147 00:06:38,880 --> 00:06:42,780 created two scenarios in the income
148 00:06:40,979 --> 00:06:43,979 analysis work so we are on the same
149 00:06:42,780 --> 00:06:46,800 worksheet
150 00:06:43,979 --> 00:06:49,139 now so the current Cinema scenario
151 00:06:46,800 --> 00:06:51,780 assumes the current value for unisol
152 00:06:49,139 --> 00:06:54,360 price and fix expenses the lower price
153 00:06:51,780 --> 00:06:56,759 scenario as in small units sold as a
154 00:06:54,360 --> 00:06:58,860 lower price you also want to create a
155 00:06:56,759 --> 00:07:01,020 scenario that assumes fewer unit sold at
156 00:06:58,860 --> 00:07:03,780 a higher price okay so create a scenario
157 00:07:01,020 --> 00:07:06,600 using the data shown in bold in table
158 00:07:03,780 --> 00:07:09,960 one without applying any scenarios okay
159 00:07:06,600 --> 00:07:11,940 so we need to insert this scenario so it
160 00:07:09,960 --> 00:07:14,759 is instated that she already created two
161 00:07:11,940 --> 00:07:17,100 scenarios so let's look go to data Tab
162 00:07:14,759 --> 00:07:19,020 and then again forecast group what if
163 00:07:17,100 --> 00:07:21,000 analysis and then this time go to
164 00:07:19,020 --> 00:07:23,819 scenario manager option
165 00:07:21,000 --> 00:07:28,080 so as you can see here is current and
166 00:07:23,819 --> 00:07:30,800 lower price scenario now it want to add
167 00:07:28,080 --> 00:07:33,360 so here is the scenario name raise price
168 00:07:30,800 --> 00:07:36,900 so enter that
169 00:07:33,360 --> 00:07:39,419 race price and then changing sales will
170 00:07:36,900 --> 00:07:44,039 be C5 through C6 and then c18 through
171 00:07:39,419 --> 00:07:46,860 C20 so this is done now hit ok now unit
172 00:07:44,039 --> 00:07:51,440 sold will be 4500
173 00:07:46,860 --> 00:07:53,340 so 4500 and then price per units will be
174 00:07:51,440 --> 00:07:57,419 12.39
175 00:07:53,340 --> 00:08:00,419 and then sales and benefits will be
176 00:07:57,419 --> 00:08:03,419 how many zero are there
177 00:08:00,419 --> 00:08:06,419 okay so 800 000.
178 00:08:03,419 --> 00:08:09,419 so 800 and then three
179 00:08:06,419 --> 00:08:13,380 okay and distribution is
180 00:08:09,419 --> 00:08:16,259 five one zero zero zero zero okay
181 00:08:13,380 --> 00:08:21,720 and then this will be three zero zero
182 00:08:16,259 --> 00:08:25,440 zero zero okay and then hit okay
183 00:08:21,720 --> 00:08:28,440 after that's close this model and then
184 00:08:25,440 --> 00:08:30,479 go to step 6 say design use the scenario
185 00:08:28,440 --> 00:08:33,240 manager to create a scenario summary
186 00:08:30,479 --> 00:08:35,520 report that summarizes the effect of
187 00:08:33,240 --> 00:08:39,000 current lower price and raise prices
188 00:08:35,520 --> 00:08:42,300 raise price scenario so we just created
189 00:08:39,000 --> 00:08:45,660 this in step five Knight one two make
190 00:08:42,300 --> 00:08:48,000 the report okay so use the total revenue
191 00:08:45,660 --> 00:08:51,480 total expenses and net income in the
192 00:08:48,000 --> 00:08:52,860 range C 24 through c26 as a result sale
193 00:08:51,480 --> 00:08:55,080 okay
194 00:08:52,860 --> 00:08:56,820 so for that again go to data Tab and
195 00:08:55,080 --> 00:08:59,100 then on the forecast group there is what
196 00:08:56,820 --> 00:09:01,320 if analysis click here and then go to
197 00:08:59,100 --> 00:09:03,839 scenario manager so we have we have all
198 00:09:01,320 --> 00:09:05,459 three scenario now go to summary
199 00:09:03,839 --> 00:09:08,640 and then
200 00:09:05,459 --> 00:09:09,800 so it wants a summary summary report
201 00:09:08,640 --> 00:09:12,720 [Music]
202 00:09:09,800 --> 00:09:18,860 step six yeah summary report and then
203 00:09:12,720 --> 00:09:18,860 the result CLR c24 through c26 okay
204 00:09:21,480 --> 00:09:28,440 let me close this and then go to summary
205 00:09:25,320 --> 00:09:32,540 and then scenario summary and then
206 00:09:28,440 --> 00:09:35,940 delete this and then enter c24 through
207 00:09:32,540 --> 00:09:38,399 c26 as the result those sales go to the
208 00:09:35,940 --> 00:09:40,620 scenario somebody works it and okay so
209 00:09:38,399 --> 00:09:42,959 now hit OK
210 00:09:40,620 --> 00:09:45,660 it will take some time so after this it
211 00:09:42,959 --> 00:09:48,600 will take us to this step scenario
212 00:09:45,660 --> 00:09:50,640 summary worksheet now it is saying go to
213 00:09:48,600 --> 00:09:52,680 this worksheet and delete column D which
214 00:09:50,640 --> 00:09:54,180 repeats the current values yeah it
215 00:09:52,680 --> 00:09:56,760 repeats the color value so click on
216 00:09:54,180 --> 00:09:59,880 column T and then right click and then
217 00:09:56,760 --> 00:10:02,700 choose the delete option okay
218 00:09:59,880 --> 00:10:05,399 now go to scenario pivot table worksheet
219 00:10:02,700 --> 00:10:07,680 okay
220 00:10:05,399 --> 00:10:10,440 oops return to income so we are on step
221 00:10:07,680 --> 00:10:12,540 7 return to income analysis worksheet so
222 00:10:10,440 --> 00:10:15,000 this works it and you can create a
223 00:10:12,540 --> 00:10:16,620 scenario people table report okay so
224 00:10:15,000 --> 00:10:18,720 this time people table report of the
225 00:10:16,620 --> 00:10:21,360 three scenario displaying total revenue
226 00:10:18,720 --> 00:10:23,519 total expenses and net income again go
227 00:10:21,360 --> 00:10:25,560 to data Tab and then all under forecast
228 00:10:23,519 --> 00:10:28,260 group there is vertical analysis click
229 00:10:25,560 --> 00:10:29,760 scenario manager and then again go to
230 00:10:28,260 --> 00:10:31,380 summary but this time instead of
231 00:10:29,760 --> 00:10:33,180 scenario somewhere it wants scenario
232 00:10:31,380 --> 00:10:38,279 pivot table report
233 00:10:33,180 --> 00:10:42,000 okay so select this and then range so
234 00:10:38,279 --> 00:10:44,820 range c24 through c26 okay so hit okay
235 00:10:42,000 --> 00:10:47,579 now it will take this take us to this
236 00:10:44,820 --> 00:10:49,860 tab scenario people table worksheet
237 00:10:47,579 --> 00:10:51,720 now it is saying go to scenario people
238 00:10:49,860 --> 00:10:53,940 worksheets so okay we are in the same
239 00:10:51,720 --> 00:10:55,680 worksheet and say mother wants to make
240 00:10:53,940 --> 00:10:57,480 the pivot table easier to interpret
241 00:10:55,680 --> 00:11:00,300 remove the filter from the pivot table
242 00:10:57,480 --> 00:11:02,640 okay so this is the filter so just right
243 00:11:00,300 --> 00:11:05,940 click and then remove
244 00:11:02,640 --> 00:11:09,959 all right now it is saying
245 00:11:05,940 --> 00:11:15,120 and then use total revenue as okay so
246 00:11:09,959 --> 00:11:18,720 these are the row level in V3 so P3
247 00:11:15,120 --> 00:11:20,399 change these two total oops
248 00:11:18,720 --> 00:11:22,079 total revenue
249 00:11:20,399 --> 00:11:24,959 okay
250 00:11:22,079 --> 00:11:26,640 and then use total expenses as row level
251 00:11:24,959 --> 00:11:30,000 so
252 00:11:26,640 --> 00:11:31,800 to relax which is in here
253 00:11:30,000 --> 00:11:36,800 again
254 00:11:31,800 --> 00:11:36,800 total expenses and then foreign
255 00:11:39,420 --> 00:11:44,880 make I capital okay noticing display
256 00:11:42,480 --> 00:11:47,100 Revenue expenses and net income value in
257 00:11:44,880 --> 00:11:49,019 the currency number format with no
258 00:11:47,100 --> 00:11:50,480 decimal places okay so these are the
259 00:11:49,019 --> 00:11:53,459 value make sure you select everything
260 00:11:50,480 --> 00:11:57,000 and then go to Home tab and under number
261 00:11:53,459 --> 00:12:00,480 groups click this expand Arrow
262 00:11:57,000 --> 00:12:04,079 and then under category group go to
263 00:12:00,480 --> 00:12:06,899 currency tab and then decimal place it
264 00:12:04,079 --> 00:12:08,820 one and no decimal place so make it zero
265 00:12:06,899 --> 00:12:11,100 and then for negative numbers here is
266 00:12:08,820 --> 00:12:12,360 the section for negative numbers it want
267 00:12:11,100 --> 00:12:15,480 this red
268 00:12:12,360 --> 00:12:18,720 red and enclosion parenthesis okay
269 00:12:15,480 --> 00:12:21,360 select that and then hit OK
270 00:12:18,720 --> 00:12:23,760 all right noticing resize column B
271 00:12:21,360 --> 00:12:27,120 through D to their base fit using out of
272 00:12:23,760 --> 00:12:30,540 it okay so select p through D and then
273 00:12:27,120 --> 00:12:33,420 right click and then search auto feed
274 00:12:30,540 --> 00:12:34,920 out of its selection okay or you can
275 00:12:33,420 --> 00:12:36,420 just double click on here and then
276 00:12:34,920 --> 00:12:39,480 double click on here and it will auto
277 00:12:36,420 --> 00:12:41,399 fit it all right now step 9 it is saying
278 00:12:39,480 --> 00:12:43,260 model also want to compare the three
279 00:12:41,399 --> 00:12:45,600 scenario in a chart create a clustered
280 00:12:43,260 --> 00:12:47,459 column column keyword chart based on
281 00:12:45,600 --> 00:12:51,120 pivot table okay so click on this pivot
282 00:12:47,459 --> 00:12:52,860 table and then go to insert and then it
283 00:12:51,120 --> 00:12:55,860 was saying clustered
284 00:12:52,860 --> 00:12:55,860 foreign
285 00:13:03,260 --> 00:13:07,560 so that it covers the range A8 through
286 00:13:06,180 --> 00:13:10,440 e24
287 00:13:07,560 --> 00:13:13,980 so here's the eight
288 00:13:10,440 --> 00:13:17,839 and then e 24
289 00:13:13,980 --> 00:13:17,839 okay make sure everyone the 24
290 00:13:20,040 --> 00:13:23,459 okay
291 00:13:21,300 --> 00:13:25,980 so e24 already
292 00:13:23,459 --> 00:13:28,320 now step 10 it is saying go to the
293 00:13:25,980 --> 00:13:30,540 product line worksheet okay
294 00:13:28,320 --> 00:13:32,220 this income analysis and then product
295 00:13:30,540 --> 00:13:35,180 line okay
296 00:13:32,220 --> 00:13:38,459 which list three wind turbine that four
297 00:13:35,180 --> 00:13:40,680 winding okay mother wants to find the
298 00:13:38,459 --> 00:13:43,079 product mix that generates the most net
299 00:13:40,680 --> 00:13:44,760 income for the company use solver to
300 00:13:43,079 --> 00:13:47,700 maximize the percentage of the
301 00:13:44,760 --> 00:13:50,180 difference between the even and optimal
302 00:13:47,700 --> 00:13:52,920 product mixes so
303 00:13:50,180 --> 00:13:55,320 cl23 so for this we need to use solver
304 00:13:52,920 --> 00:13:58,320 so for that go to data Tab and then
305 00:13:55,320 --> 00:14:00,899 under analyze there should be solver
306 00:13:58,320 --> 00:14:02,459 so if you don't have solver just search
307 00:14:00,899 --> 00:14:05,279 add-ins
308 00:14:02,459 --> 00:14:07,320 from this Source tab click on add-ins
309 00:14:05,279 --> 00:14:09,240 and then make sure you check mark this
310 00:14:07,320 --> 00:14:10,860 and then hit okay or you can follow the
311 00:14:09,240 --> 00:14:12,180 instruction it is given on the top of
312 00:14:10,860 --> 00:14:16,620 this instruction
313 00:14:12,180 --> 00:14:19,800 Word file let's show click on the solver
314 00:14:16,620 --> 00:14:23,579 now it is saying so you have 23 so
315 00:14:19,800 --> 00:14:26,579 objectives will be F 23 and then by
316 00:14:23,579 --> 00:14:29,100 changing the optimal product mix so okay
317 00:14:26,579 --> 00:14:31,920 so by changing this so first lady saying
318 00:14:29,100 --> 00:14:34,260 to maximize so make sure you click on
319 00:14:31,920 --> 00:14:36,480 maximize and then by changing the
320 00:14:34,260 --> 00:14:39,899 optical product mix so
321 00:14:36,480 --> 00:14:43,079 by changing this variable so yours will
322 00:14:39,899 --> 00:14:45,240 be C 10 through E10
323 00:14:43,079 --> 00:14:47,160 okay so now subject to the following
324 00:14:45,240 --> 00:14:48,000 constant so we need to add constraint
325 00:14:47,160 --> 00:14:49,980 here
326 00:14:48,000 --> 00:14:53,720 by following this it is saying the total
327 00:14:49,980 --> 00:14:58,560 units sold in the optimal product mix so
328 00:14:53,720 --> 00:15:00,779 cld18 must be must be equal to 4750
329 00:14:58,560 --> 00:15:04,139 so
330 00:15:00,779 --> 00:15:07,800 four seven five zero so hit add
331 00:15:04,139 --> 00:15:09,240 and then cell reference must be oops
332 00:15:07,800 --> 00:15:11,459 d18
333 00:15:09,240 --> 00:15:14,220 and then it is saying must be so that
334 00:15:11,459 --> 00:15:18,420 must be equals to and then constant will
335 00:15:14,220 --> 00:15:21,120 be four seven five Jill and then hit and
336 00:15:18,420 --> 00:15:24,000 then going to add others also yeah I'm
337 00:15:21,120 --> 00:15:27,019 going to add others so click on ADD
338 00:15:24,000 --> 00:15:30,480 after using the company needs to produce
339 00:15:27,019 --> 00:15:33,180 1200 or more of each turbine model so
340 00:15:30,480 --> 00:15:36,420 the optimal mix value for each model
341 00:15:33,180 --> 00:15:40,800 I'll range C 10 through E10 must be at
342 00:15:36,420 --> 00:15:43,740 least 1200 okay so C 10 through 18 must
343 00:15:40,800 --> 00:15:48,360 be at least 1200 that means must be
344 00:15:43,740 --> 00:15:51,779 greater than or equals to 1200 so 1200
345 00:15:48,360 --> 00:15:54,540 and then those same value in the range C
346 00:15:51,779 --> 00:15:56,519 10 through 18 must be integer okay so we
347 00:15:54,540 --> 00:16:01,860 need to add another constant also so
348 00:15:56,519 --> 00:16:03,600 again E 10 through C 10 through 18 must
349 00:16:01,860 --> 00:16:05,339 be integer so again click on this drop
350 00:16:03,600 --> 00:16:07,620 down and here is the hint
351 00:16:05,339 --> 00:16:11,399 and then it fill the integer
352 00:16:07,620 --> 00:16:13,500 okay now after that hit OK so all three
353 00:16:11,399 --> 00:16:15,899 constraints are added here now it is
354 00:16:13,500 --> 00:16:18,620 saying the remaining value for each
355 00:16:15,899 --> 00:16:21,660 assemble part range J5
356 00:16:18,620 --> 00:16:23,880 j13 must be greater than or equals to
357 00:16:21,660 --> 00:16:25,320 zero okay
358 00:16:23,880 --> 00:16:29,339 so again we need to add another
359 00:16:25,320 --> 00:16:33,600 constraint so this time with J5
360 00:16:29,339 --> 00:16:35,940 through J 13 and then must be greater
361 00:16:33,600 --> 00:16:37,440 than equals to zero okay so greater than
362 00:16:35,940 --> 00:16:39,980 or equals to
363 00:16:37,440 --> 00:16:39,980 okay
364 00:16:40,440 --> 00:16:45,779 sorry whether it is saying run the
365 00:16:42,240 --> 00:16:49,380 solver okay so click on so make sure it
366 00:16:45,779 --> 00:16:52,440 is you have 23 and then okay
367 00:16:49,380 --> 00:16:54,360 so run the solver
368 00:16:52,440 --> 00:16:56,639 and then it is saying keep the solution
369 00:16:54,360 --> 00:16:58,920 so keep the server solution make sure
370 00:16:56,639 --> 00:17:01,259 you check mark this click on this and
371 00:16:58,920 --> 00:17:05,160 then it is saying and then return to the
372 00:17:01,259 --> 00:17:07,260 solver solver parameter okay so make
373 00:17:05,160 --> 00:17:09,020 sure you click on this check mark and
374 00:17:07,260 --> 00:17:11,880 then hit OK
375 00:17:09,020 --> 00:17:16,260 and it is saying save the model to the
376 00:17:11,880 --> 00:17:18,780 range as at 17 through s24 so as 17
377 00:17:16,260 --> 00:17:20,280 through s24 click on this load slash
378 00:17:18,780 --> 00:17:22,559 save option
379 00:17:20,280 --> 00:17:26,400 and then
380 00:17:22,559 --> 00:17:29,160 I'll be with this and then select f17
381 00:17:26,400 --> 00:17:32,900 through as 24.
382 00:17:29,160 --> 00:17:36,720 okay so click on Save
383 00:17:32,900 --> 00:17:40,020 and then close this dialog box
384 00:17:36,720 --> 00:17:43,799 okay now it saved the solver is a linear
385 00:17:40,020 --> 00:17:47,960 okay so let's check our result
386 00:17:43,799 --> 00:17:47,960 so scenario summary oops
387 00:17:48,799 --> 00:17:54,299 okay so this is right and then scenario
388 00:17:52,320 --> 00:17:58,020 pivot table worksheet
389 00:17:54,299 --> 00:18:01,500 okay so this is also right
390 00:17:58,020 --> 00:18:04,500 make sure you place this chart in in the
391 00:18:01,500 --> 00:18:07,980 given in the given range
392 00:18:04,500 --> 00:18:09,240 so final figure three input analysis
393 00:18:07,980 --> 00:18:10,980 worksheet
394 00:18:09,240 --> 00:18:13,620 okay
395 00:18:10,980 --> 00:18:15,660 okay so this is also good and then
396 00:18:13,620 --> 00:18:18,900 product line works it
397 00:18:15,660 --> 00:18:20,580 all right so solver results so yeah
398 00:18:18,900 --> 00:18:25,520 these are also good
399 00:18:20,580 --> 00:18:25,520 all right so see you in next video