The Excel Based Restaurant Selection Tool for the Overly Indecisive

Published: 22 December 2018
on channel: Adventures in CRE
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The indispensable Excel tool for the overly indecisive. An Excel model to help you choose a location for that next lunch, dinner, or happy hour event. Download link below.

To download the model: https://www.adventuresincre.com/excel...

Browse our library of slightly more useful real estate financial models: https://www.adventuresincre.com/libra...

We're celebrating some much deserved time off from work, and so what better way to spend the time than to make a completely unnecessary (but fun!) Excel model. I call this the indispensable Excel tool for the overly indecisive, and it's basically an Excel model to help that indecisive group choose a restaurant or bar for that next lunch, dinner, or happy hour event.

What makes this Excel model so fun is the methodology on the back end that does the decision-making. Think of it as a modern-day eeny, meeny, miny, moe, only with 120,000 eeny-meenys. That's thanks to stochastic modeling and six Monte Carlo simulation modules running 20,000 simulations each!


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