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Goal Seek with If Statement

  1. #1
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    Goal Seek with If Statement

    Hello,

    I am running an excel with various cases (using a data validation list), with one of the cases saying that we will be able to deliver 'x' amount of revenue in year 'y', by flexing a third cell.

    I know that the easiest way to do this would be to do a goal seek each time, however I want to be able to automatically recalculate it based on if the cell says 'Case 3' and on the new inputs that I put in for amount of revenue and number of years.

    Is this possible? I've attached a dummy excel for reference.

    Thanks in advance!!
    Attached Files Attached Files

  2. #2
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    Re: Goal Seek with If Statement

    It is difficult to say, because it is not clear exactly what you are doing or what you need help with.

    The easiest way that I have found to "automate" goal seek is to look at the quantity to be calculated and see if simple algebra can solve the problem. Guessing from your example, it looks like you have revenue (R), number of years (n), markets entered per year (x), revenue per market (y). If I follow the equations, it looks like a simple expression R=n*x*y. Given any three of those value, you should be able to solve for the fourth.

    Is it really as simple as that? Even if the expression for revenue is more complex, the first thing I would look at is to see if I can solve for the desired unknown using algebra.
    Quote Originally Posted by shg
    Mathematics is the native language of the natural world. Just trying to become literate.

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