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Goal seek question

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    Goal seek question

    I'm sure I saw someone mention this (they might even have posted a sheet as an answer)

    Is there a function which calculates how many units you need to sell to meet revenue target?

    eg. want revenue of 10,000 sold so many at £x and so many at £y = how many.

    Or was it goal seek and I dreamt the rest.

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    Re: Goal seek question

    Goal Seek could be one tool for such a problem. I find that most problems like this start out as algebra problems (think of those "distance=rate*time" type problems). Once you solve the algebra problem, then the programming problem is usually straightforward.
    Quote Originally Posted by shg
    Mathematics is the native language of the natural world. Just trying to become literate.

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    Re: Goal seek question

    Thanks MrShorty, I actually had it in my mind that it was you who answered the original question but I can't find it. :-)

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    Re: Goal seek question

    Could be.

    What you describe in the OP looks to me like a 10000=x*a+y*b, then solve for a and/or b. You can either add a constraint to control what values can be valid for a and b, or choose a value for one, then solve for the other, or whatever your problem requires.

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