| Thread Closed |
need help designing a model and using excel |
Share Thread |
| Jan13-09, 04:21 PM | #1 |
|
|
need help designing a model and using excel
Hello Everyone,
I would like some help developing a model. I am using the Solver in Excel, but the results are giving me counter-intuitive results. I believe it is because my model is incorrect. Once I get some help perfecting the model, then I will worry about translating it for the Solver in Excel. The following is a description of what I'm looking for. Let's say I have a car and I want to maximize my ROI. 1. I can invest in any component of the car, like the engine, suspension, brakes, tires, interior, sound, etc. 2. I rank the order of importance of these components using AHP (don't need help with this). 3. I enter in my current baselines, which are completely subjective, but something like 40% across the board for all of the components (for example sake). In other words, my car is an all-around 40% of my ideal 100%. 4. I enter in what I want to invest in and what I think my gain will be. For example, one of my investments is that for $5000, I can improve my suspension by 20%. So forth and so on. I want the program to be able to tell me how to re-arrange my dollars by maximizing my ROI. However, keep in mind that each component has its own importance ranking. Also, consider a saturation curve in that as components go towards 100%, the saturation increases, thus making a less attractive investment. There are other constraints like my total initial investment amount must equal the total suggested investment amount, but I won't name them all, and I probably need help developing those too. Another final piece to this puzzle is something like sustaining a component, but first I would like to solve the simpler version. In case you are wondering though, the sustainment piece also incorporates something like: If I don't invest $1000 in my tires, then I will lose 20% in tires. I don't know how difficult this model is on a scale of 1 to 10. Any help would be appreciated. Thanks. |
| Jan15-09, 01:33 PM | #2 |
|
|
Nevermind, I think I got it. But if anyone wants to send comments, feel free. Thanks.
|
| Thread Closed |
| Tags |
| excel, maximize, model, roi, solver |
Similar discussions for: need help designing a model and using excel
|
||||
| Thread | Forum | Replies | ||
| Designing a 4 bit ALU | Engineering, Comp Sci, & Technology Homework | 9 | ||
| Mathematical Model of a Wind Tunnel Model | Aerospace Engineering | 1 | ||
| is Free-electron model := Drude Model (of metals) ? | Atomic, Solid State, Comp. Physics | 2 | ||
| question on Lotka-Volterra model and Lanchaster combat model | Differential Equations | 6 | ||
| ENGINE designing | General Engineering | 12 | ||