Call simulation exam5/25/2023 ![]() ![]() Companies want to know how many units of products they sold and calculate how much profit it will generate for the next year. Let’s take a profit calculator as an example. ![]() All that matters is the model's ability to mimic the real-time process that it’s used to solve. A simple multiplication operation can be a model, as well as a workbook full of complex formulas and macros. A simulation in Excel must be built around a model, and that is defined by a system of formulas and mathematical operations.
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