Explanation
A One-Variable Data Table changes one input while keeping other inputs constant.
Example
Business model:
|
Input |
Value |
|
Quantity |
100 |
|
Selling Price |
₹500 |
|
Cost per Unit |
₹300 |
|
Fixed Cost |
₹5,000 |
Profit Formula
=(B2*B3)-(B2*B4)-B5
Current Profit:
₹15,000
Now test different Selling Prices:
|
Selling Price |
Profit |
|
₹400 |
|
|
₹450 |
|
|
₹500 |
|
|
₹550 |
|
|
₹600 |
The Data Table calculates the corresponding profit for every price.
Steps
- Create the original model.
- Enter possible values in a column.
- Link the result formula at the top of the table.
- Select the complete table.
- Go to Data → What-If Analysis → Data Table.
- Select the appropriate Column input cell.
- Click OK.
Practice
Test selling prices from ₹400 to ₹700.