Mathematical models are a way to attempt to predict the probable outcome of a complex situation. From climate, stock market and physics models, you can use mathematical formulas to determine a range ...
The city of Edina, Minn., has finally outgrown Excel — at least when it comes to crafting the next municipal budget. It’s the type of move that could play an increasingly important role in the ...
The Baumol-Tobin Cash Management Model of money demand serves as a vehicle with which to demonstrate how to use Microsoft Excel to solve optimization problems and do comparative statics analysis. The ...
Forbes contributors publish independent expert analyses and insights. I help entrepreneurs become more successful. An Executive Dashboard is a visual representation, such as the image below, that ...