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Chapter 11 Map

Chapter 11 Map

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Published by sdhamiter
Modeling with Spreadsheets
Modeling with Spreadsheets

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Published by: sdhamiter on Apr 22, 2010
Copyright:Attribution Non-commercial

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12/01/2010

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Components and Functions
The term “spreadsheet” once referred to pages of accounting that generally meant aledger with up to twelve columns and possibly 60 lines. These pages were used tosummarize transactions that would then be summed in order to be entered intoledger account books. Large corporations would have entire libraries filled withvolumes of account books to store their accounting history. With the advent othen personal computer accounting became compact, easier to use and produceanalysis.As is stated in the textbook, programs were created to eliminate the cumbersomeaccounting systems that had existed for eons into a ready form which allowed for auniverse of new abilities. VisiCalc and Lotus were heralded as being the mostrevolutionary accounting tool since the advent of the T-account. With these programs spreadsheets of hundreds of columns and lines of text could be created. Not only were these spreadsheets vastly able to summarize transactions but couldalso be linked together. The manner in which the link was such that the change of one number or line flowed from on spreadsheet to the next changing not only thenumbers but also the analysis.
Computation, Analysis, and Reasoning
It was only a matter of time before the classroom use of spreadsheets began toshow its true worth. By the introduction of macro’s to the programming, logicformulas could be used to create spreadsheets that allowed for decision makinganalysis and a broad scope of educational tools. An educational tool like thespreadsheet now allow students to view information in one location and plants theseed of knowledge that has the ability to grow into a storehouse of learning possibilities.
 
With the advent of computers, the spreadsheet programs made it possible tocondense large quantities of information all the while linking specific cells to other spreadsheets, statements and ledgers. Analysis became a bonus for the use of thesesystems by the use of macro’s, formula’s and command words.
Mathematics Comprehension
Spreadsheets began as a tool for number crunching and analysis but has nowexpanded into the world of decision making. The use of “if” statements further increased the value of spreadsheets as mindtools for logic problems. This canallow the student the ability to change information at one point and view the resultsimmediately. Like a off/on switch the logic command can redirect the end resultsto a completely new and informative answers.
 As an example: Given the following information and allowing only questions that result in a “yes” or “no” answer solve this riddle.If a man rises each morning at 5 a.m. to dress for work and have breakfast. At 7 am he leaves his 15
th
floor apartment for the elevator where he presses the 1
 st 
 floor button. Upon arrival in the lobby he exits the west entrance to the apartment building, turns north and walks the 15 blocks to his job as an accountant on the5
th
floor of a 45 story office building. At 5 p.m. he takes an elevator to the lobbythen upon exiting the building turning south to walk the 15 blocks back to hisapartment building. Upon entering the elevator he presses the 5
th
floor button. Exiting the elevator on the 5
th
floor he begins the ten floor climb up the stairs to his15
th
floor apartment. He does this 5 days a week. Why?
There is a logical answer to this problem. You are allowed to ask questions tofurther investigate but the only answers you will be given will be: Yes or No.

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