Question: Could you answer in detail below Spreadsheet Modelling question: Identify a problem statement where one or more decision ( s ) need to be made
Could you answer in detail below Spreadsheet Modelling question:
Identify a problem statement where one or more decisions need to be made or where a situation
needs to be evaluated. Provide a detailed description of the problem citing appropriate sources for
your informationdata and specify the assumptions you are making. Prepare the influence diagram,
blackbox diagram and model layoutdesign for the problem.
Implement the base case model in Excel. How did you select the base case values?
Perform suitable whatif analyses to get a better insight about the problem at hand. How does such
an analysis help you with the decision or evaluation of the situation?
Can you apply optimization techniques to your problem? If yes, how? If no why not?
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