Description: Goal Seek is a built-in tool in spreadsheet applications, such as Microsoft Excel, that allows users to find the necessary input value to achieve a specific outcome in a calculation model. This function is particularly useful in situations where one wants to optimize a result, such as maximizing profits, minimizing costs, or reaching a financial target. Through an iterative process, Goal Seek automatically adjusts the input cell values until the desired result is achieved in an output cell. The interface is intuitive, allowing users to define the goal, select the cell containing the result, and specify the cells that can be modified. This tool is essential for informed decision-making in business and financial environments, as it allows for the simulation of different scenarios and evaluation of the impact of changes in input variables. Furthermore, its integration into spreadsheet software makes it easy to use for individuals with varying levels of experience in data analysis, making it an accessible and powerful option for model optimization.
