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goal seeking
(redirected from Backsolver)

    Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
goal seeking
The ability to calculate a formula backward to obtain a desired input. For example, given the goal gross margin = 50% and the range of possible inputs, goal seeking attempts to obtain the optimum input.
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For example, a Goal Seek or Backsolver can find the sales increase necessary for a 2% increase in return on equity.
The power of spreadsheets by Lacher, John / Journal of Accountancy
Moreover, the Backsolver and Solver features provide meaningful "what-if" scenarios.
Electronic financial tools by Womack, Denise E. / Black Enterprise
The introduction of the Backsolver and Solver features have dramatically exploited the basic "what-if" scenario into a "how-to" capability.
Electronic business tool by Womack, Denise E. / Black Enterprise
 
 
 
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