: A powerful tool for optimization . It finds the best value for a formula in one cell—the objective—subject to constraints on the values of other formula cells (e.g., maximizing profit while staying within a budget).
: Define and compare multiple sets of input values, such as "Best Case," "Base Case," and "Worst Case," and view their results side-by-side in a summary report.
How to Make (and Use) a Multi Criteria Decision Chart in Excel
Excel's native features facilitate different types of decision-making frameworks:
: Use this to find the specific input value needed to reach a target outcome (e.g., "What sales volume do I need to break even?").
Building specific models in Excel helps visualize complex choices:
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