Quantrix propaganda (in bullet points)

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1

o Research shows that the number of serious errors in a spreadsheet is about 2% of the number of input cells plus the number of calculated cells (labels and blank cells do not count)

o The number of cells in the CarsExpanded sample model is 1759

o In a conventional spreadsheet program, we would expect about 35 cells to have serious errors

o But because CarsExpanded is a Quantrix model, it has only 33 input cells and 9 formulae, or 42 places where an error might lurk

o That means we expect less than one error!

o The only reliable way to find errors is laborious inspection by a group (individual inspectors only find about half the errors)

o In particular, certain common errors are impossible in Quantrix: calculated cells are always protected and can’t be overridden with a numerical value (“hard-wired”)

Feel free to reuse any or all of this.

1

I just created a model that had 3,300 SKU’s each with sales and unit values over 7 sales channels with
each SKU assigned one of 50 possible grouping identifiers evaluated over
36 months. The total number of formulas, six!

In the model, I now have available the average selling price, grouping pie charts, sales
trends by SKU, group or sales channel. I can change the grouping
assignments or add SKU’s without changing a single formula. The formulas necessary in
Excel? Thousands.

0

Great Stuff! This is what Quantrix is all about… Thanks for your post.

-Mike

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