ECONOMICS

Detailed explanation-1: -Finds the inputs necessary to achieve a goal such as a desired level of output. Enables users to get details, and details of details, of information.

Detailed explanation-2: -Goal-seeking analysis attempts to find the value of the inputs necessary to achieve a desired level of output.

Detailed explanation-3: -An optimization analysis finds the optimum value for a target variable by repeatedly changing other variables, subject to specified constraints.

Detailed explanation-4: -Consolidation, drill-down, and slice-and-dice are the three most common capabilities offered in an EIS.

Detailed explanation-5: -What is consolidation? The ability to look at information from different perspectives. Enables users to get details, and details of details, of information. Finds the inputs necessary to achieve a goal, such as a desired level of output.