Create 3 Business Scenarios in the SECONDARY worksheet using Excel’s What-If Analysis feature to project changes in the business information when key data is changed. Create scenarios that represent plausible business situations or target outcomes.
1. The first business scenario should be used to store the original (unchanged) data. Create 2 other business scenarios to store other “versions” where key data is altered.
2. Select suitable cells in the data in the SECONDARY worksheet to be the
Changing Cells of your business scenarios.
3. Select suitable cells in the table of summarized / aggregated information that you created have for requirement 4.3 to be the Result Cells of your business scenarios.
4. Name your 3 business scenarios appropriately.
5. Generate the scenario summary of your business scenarios in a new worksheet called “Scenario Summary”.
6. The Scenario Summary worksheet should present the Changing Cell and Result Cell values of the 3 business scenarios.
7. Modify the labels in the Scenario Summary worksheet so that is easy to read and understand what the Changing Cells and Result Cells represent in the business scenarios.
8. Remove any redundant elements in the scenario summary that may be generated by default by the scenario manager.
In your verbal presentation and elaborated in the submitted slides, explain the business value of this Scenario Summary.
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