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CTS 230 EM10 Test

Enter the letter for the matching Answer
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1.
97. In Goal Seek, the ____________________ cell is the cell containing the values you want to examine.
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2.
59. In measuring elasticity, if e=2.0, then increasing the price of an object by ____ decreases demand by 20%.
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3.
69. A(n) ____ is a limit that is placed on a Solver problem's solution.
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40. With Goal Seek, Excel changes the ____ values to produce the result values you are looking for.
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6. If your input values are in a column, you will use the Row input cell option when you use the Data Table command.
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47. ____ are a powerful feature of Excel. If used properly, they help you perform complex calculations within a single formula and extend a single formula over a range of cells.
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73. Solver arrives at optimal solutions through a(n) ____ procedure.
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8.
68. To open the Solver Parameters dialog box, click the Solver button in the ____ group on the Data tab.
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65. When you use Solver, you must specify the ____ that apply to your problem.
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17. The sensitivity report is most often used in science and engineering environments.
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56. You can use the Load/Save button in the Solver ____ dialog box to save the Solver model to the current worksheet.
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83. Which report type is used to quantify the reliability of a solution?
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103. If you want to concentrate on only a few key cells, the scenario summary report has ____________________ tools so you can hide and expand different parts of the report.
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100. When creating a(n) ____________________ data table, you must identify the row input cell and the column input cell.
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34. ____ analysis expresses the relationship between a company’s expenses, its volume of business, and the resulting profit.
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8. In a two-variable data table, the values of two result cells are displayed.
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17.
57. In measuring elasticity, if e=0.1, then increasing the price of an item by 10% decreases demand by ____.
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18.
4. To open the Goal Seek dialog box, first click the __________in the Data Tools group.
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19.
1. At the break-even point, ____________.
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87. The last column on the right in an answer report shows the ____ for each constraint.
A.
False
B.
array functions
C.
iterative
D.
limit, constraint
E.
analysis
F.
constraints
G.
true
H.
constraint
I.
10%
J.
slack
K.
cvp
L.
result
M.
revenue equals expenses.
N.
outline
O.
two-variable
P.
What-If Analysis button e
Q.
1%
R.
false
S.
input
T.
parameters
Type the Answer that corresponds to the displayed Question.
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42. In two-variable tables, you must always place a reference to the result cell in the ____ corner of the table at the intersection of the row values and the column values.
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22. The output cell is the cell containing the values you want to examine.
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46. To calculate multiple cells values, select the range and type the array formula, then press the ____ keys to enter the formula.
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60. In measuring elasticity, as the value of e increases, the result is that any change in price causes a huge change in demand, resulting in a ____ relationship between price and demand.
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11. You cannot merge scenarios in situations involving multiple workbooks.
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72. After trying out solutions for a short time, Solver displays the ____ dialog box, which displays the message that indicates Solver has found a solution that satisfies the constraints.
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61. ____ is a program that searches for the optimal solution of a problem involving several variables.
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38. Goal Seek uses a different approach from traditional ____ analysis.
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96. With ____________________, you specify the result values you want, and Excel changes the input values to produce them.
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58. In measuring elasticity, if e=0, then changes in price have no impact on demand, which is referred to as a ____ situation and occurs when the item being sold is rare or essential.

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