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Data Analysis and Business Modeling with Excel 2013

Data Analysis and Business Modeling with Excel 2013

By : Rojas
4.5 (2)
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Data Analysis and Business Modeling with Excel 2013

Data Analysis and Business Modeling with Excel 2013

4.5 (2)
By: Rojas

Overview of this book

Excel 2013 is one of the easiest to use data analysis tools you will ever come across. Its simplicity and powerful features has made it the go to tool for all your data needs. Complex operations with Excel, such as creating charts and graphs, visualization, and analyzing data make it a great tool for managers, data scientists, financial data analysts, and those who work closely with data. Learning data analysis and will help you bring your data skills to the next level. This book starts by walking you through creating your own data and bringing data into Excel from various sources. You’ll learn the basics of SQL syntax and how to connect it to a Microsoft SQL Server Database using Excel’s data connection tools. You will discover how to spot bad data and strategies to clean that data to make it useful to you. Next, you'll learn to create custom columns, identify key metrics, and make decisions based on business rules. You’ll create macros using VBA and use Excel 2013’s shiny new macros. Finally, at the end of the book, you'll be provided with useful shortcuts and tips, enabling you to do efficient data analysis and business modeling with Excel 2013.
Table of Contents (13 chapters)
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10
10. Creating Interactive Spreadsheets Using Tables and Slicers
11
A. Tips, Tricks, and Shortcuts
12
Index

Modeling our linear programming problem


Let's take a look at the following problem carefully. We are going to formulate the pieces needed to solve a linear problem on paper and then use Excel to find the answer.

Problem: Imagine that you work for a company that sells baseball bats and you get the following request. The company wants to make a certain number of wooden bats and metal bats. The total number of bats that we want to make is 50 but we can make fewer if needed. We do have a requirement to make at least 25 bats. It costs the company $10 to make wooden bats and $20 to make metal bats. The total budget that we have to work with amounts to $1,000. We also have to make the bats quickly as we need to have them ready for sale in 48 hours or less. It takes 1 hour to make a wooden bat and 2 hours to make a metal bat. The company can sell the wooden bats at $15 each and the metal bats at $40 each. Your job is to find how many wooden and metal bats to make in order to maximize profits for...

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Data Analysis and Business Modeling with Excel 2013
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