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Goal seek

If you know the result that you want from a formula, but are not sure what input value the formula needs to get that result, use the Goal Seek feature. For example, suppose that you need to borrow some money. You know how much money you want, how long you want to take to pay off the loan, and how much you can afford. 21 Jun Susan Harkins shows you how to use Excel's Goal Seek what-if analysis tool to achieve your goals. Technically, Goal Seek is a process of calculating a value by performing what-if analysis on a given set of values. For our purposes, Excel's Goal Seek feature lets you adjust a value. 26 Mar This short tutorial will teach you how to use Goal Seek in Excel to answer various forecasting questions or "what if" scenarios. The example provided also shows some limitations and gotchas of the tool. The tutorial is using Excel , but the process is the same in other versions.

In computing, goal seeking is the ability to calculate backward to obtain an input that would result in a given output. This can also be called what-if analysis or back-solving. It can either be attempted through trial and improvement or more logical means. Basic goal seeking functionality is built into most modern spreadsheet. If you have a formula and want to show a specific result, but you do not know what input values to change within the formula, then Excel's Goal Seek featur. 15 Jan Excel's Goal Seek feature allows you to alter data in formulas to get different results, which is useful when planning new projects.

Create Different Scenarios | Scenario Summary | Goal Seek. What-If Analysis in Excel allows you to try out different values (scenarios) for formulas. The following example helps you master what-if analysis quickly and easily. Assume you own a book store and have books in storage. You sell a certain % for the highest. If Classic Menu for Office installed. Method A: With Classic Menu for Office / // installed, you can click Menus tab to get back the classic style interface. Click Data menu, move to What-If Analysis. Click What-If Analysis, and choose the Goal Seek option, then the Goal Seek window will pop up. Method B. Excel includes many powerful tools to perform complex mathematical calculations, including what-if analysis. This feature can help you experiment and answer questions with your data, even when the data is incomplete. In this lesson , you will learn how to use a what-if analysis tool called Goal Seek. Optional: Download.


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