How to Provide Electricity Access to Rural Africa: An Example
How to provide electricity access to the remote regions in developing countries is a vast topic, both in terms of its scope and its related research. Take Africa as an...
Why is Chick-Fil-A Picking up Market Share (and Why is McDonalds Testing Robot Fryers and Voice-Activated Drive-Through)?
WSJ recently ran an interesting article (and video) on how and why McDonalads is testing using robots to cook and voice-recognition software to take orders at drive-through....
Filter Data Right in your Pivot Table Fields!
One of the ‘hidden treasure’ in Pivot Table a lot of people do not know about is that you can filter data right in your Pivot Table Fields. This is extremely...
Sensitivity Study (or Scenarios) with Data Table
In managerial decision making, many time we need more than just an optimal decision. Often we would like to know how my results change if I change my decision in a certain...
PivotTable: Calculated Fields
Sometime, after you have made a PivotTable you realize you might want to do some further calculations based on the summary results. For example, After getting the total...
Dashboard with PivotTable
Dashboard is an effective communication tool to summary and highlight your data and your analysis. Here is an example of an Excel Dashboard that I made with PivotTable (and...
Data Slicer and Timeline are Useful Reporting Tools in PivotTable
Most of us know how to use a Filter in PivotTable, but do you know that there is an even better tool in slicing data in PivotTable? Yes, there is, and the name is, well, Data...
How to Draw a Combo Chart, i.e. Chart with 2 Y-axis, and Change Chart Type on a Mac
When two columns of data are of different scale, you will need to use a combo chart to plot each column on a separate axis. In the video below, one column is numbers of...
How much gasoline do we American consumers buy each week? An Example of Excel Modeling
I am a fan of Bill Gates. But the reason I bring his name up in here is because he just demonstrated the power of logical thinking, something very important in Excel modeling....