| Applying science to business management |
  
Goal Seek
The Goal Seek tool is used to find the value of one
tree node required to set a dependent node to a specific value
including its maximum or minimum. For example, Goal Seek
will find the value of Sales required for Profit to
break even (be equal to zero). DecisionPro will modify the input
node's definition to reflect the solution found.
To find the value of an input node required to achieve a
desired result on an output node:
1) In the Tools menu, click Goal Seek.
2) Enter the name of the output node in the Set node
field.
3) Choose value in the equal to field and enter
the target result.
4) Enter the name of the input node in the by changing field.
5) Click OK.
The accuracy of the solution is determined by the precision
setting.
Goal Seek uses the current value of the input node as a
starting point for finding a solution. If Goal Seek is
unable to find a solution, change the input node's value to one
that is closer to producing the desired result.
Rather than find the value of an input required to set an
output to a specific value, you can find the value required to
set the output to a maximum or minimum value. To do this, simply
choose maximum or minimum in the equal to field.
In order for Goal Seek to find a maximum, the output
node's value, when plotted over a range of values for the input
node, must be cupped downward. Similarly, to find a minimum the
curve must be cupped upward. If the relation between the input
and output nodes is linear, no maximum or minimum exists.
Goal Seek uses the root
and minimize primitives to
calculate a solution. See the online help system for more
information about these functions.
|