The true potential of spreadsheet software lies in their application in what is now referred to as exploratory modeling, which enables business and financial analysts to work on the fly on unstructured problems. Business Modeling with Spreadsheets offers a rich set of business contexts that make learning about spreadsheets interesting and the skills acquired more effective and enduring. Unlike the existing titles in the market, this book is wholly dedicated to the art of exploratory spreadsheet modeling. Practice problems that readers encounter on a day-to-day basis are presented, with the aim of helping them to derive generally applicable principles and to link principle to practice. Undergraduates and professionals whose work involves managing finance, accounts, and operations will find this book a refreshing learning guide and reference resource. Although Excel 2003 is the main spreadsheet software covered in this book, it also includes useful comments to guide users of Excel...

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