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Baxter customer service department follows up on customer complaints by telephone inquiry. During a recent period, the department initiated 10,000 calls and incurred costs of $312,000. Of these calls, 3,800 were for the company's wholesale operation; the remainder was for the retail division. Costs allocated to the retail division are:
Changing Cell
In spreadsheet applications, a cell whose value is altered based on changes in a formula or as part of a scenario analysis.
Objective Cell
In optimization and spreadsheet software, the cell that contains the formula that is to be maximized or minimized.
Goal Seek
A function in spreadsheet software that finds the input value needed to achieve a specific goal or result in a formula.
What-If Analysis
A process or feature in spreadsheet and analytical software that allows users to predict the outcome of a particular action or scenario by changing variables.
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