Explanation
Scenario Manager allows you to compare different sets of assumptions.
For a business, you could create:
- Low Sales
- Normal Sales
- High Sales
Example
|
Input |
Low |
Normal |
High |
|
Quantity |
500 |
800 |
1200 |
|
Price |
₹900 |
₹1,000 |
₹1,100 |
|
Variable Cost |
₹600 |
₹550 |
₹500 |
Each scenario can produce a different profit.
Steps
Data → What-If Analysis → Scenario Manager → Add
Specify the changing cells and enter scenario values.
Practice
Create three business scenarios and compare their profits.