Hello, What does "Modelling in Escel " mean ?
I can use Excel for creating spreadhseets etc, but I have never come across this phrase, what does it involve or mean ?
2006-12-13 02:55:46 · 4 answers · asked by JayEleven 3 in Computers & Internet ➔ Other - Computers
Virtually everything done in Excel is a model because the spreadsheets you create are mathematical models of the business you are conducting.
2006-12-13 07:50:25 · answer #1 · answered by nospamcwt 5 · 1⤊ 0⤋
If I remember back to my GSCE days, modelling means to construct a "model" of a system using Excel after being given information about the system.
I.E. a shopping centre has 5 staff who work 5 hours each; model this.
2006-12-13 06:19:49 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The only modeling I know of in Excel is a solver problem model. I have never used this and the Excel help is not the best way to learn. If this is what you are looking for try this site
http://office.microsoft.com/en-us/excel/HP052023831033.aspx
2006-12-13 03:10:15 · answer #3 · answered by Elizabeth Howard 6 · 1⤊ 0⤋
Depends on the context, but I've come across the phrase used to describe a "what if?" exercise, that is altering some data on a spreadsheet to see what effect that has on the outcome.
2006-12-13 03:00:40 · answer #4 · answered by champer 7 · 0⤊ 0⤋