man you are the true saviour

Hi Michael, could you please share the book/paper from where you've learned about this method? Thank you very much!

Hi Michael, How i can solve thee question if we have the demand equation for seven days. how to determine the price that optimize the revenue?

Best explanation on youtube

Damn this is a very good explanation even 8 years after the upload and 25 years after the 90's ;).

The implication should be: Every $.90 increase in shirt price is going to cost demand for 20 shirts. NOT 22. or Every $1 increase in shirt price is going to cost demand for 22 shirts. FYI

This is a fantastic introduction....

where does the '$8/$9' change to '$8$7' come from?

Thank you, I had only ever done optimization with IBM CPLEX software, and didn't realize you could use Excel.

Thank you! I was able to do my homework after I saw this!

Thank you for the video, very helpful. At 3:41, how is this formula derived? based on what?

I'll donate for a better microphone, other than that, good stuff!

Excellent presentation "'Greetings and warm respect from Bharat"'

Great video, Thanks!

one of the best video i have ever seen this type of simple explanation video on youtube before THANK YOU SO MUCH MICHAEL LAMONT😃

Thanks a lot for the information. Does the video continue in a 2nd part? It ended almost suddenly

Excellent 👌 thanks a lot 😊

Amazing video, best explanation of OLTP and OLAP I have found.

Do you train people can you share the link for online course

I love the video, although I have a question... where are we getting p=75.75 and d=4900?

Hi I was wondering what software you used to demonstrate the slides? Thanks

Thanks for this. very crisp and clear.

Can I conclude that this entire video comes down to 2 words: Star Schema

Very nicely done thanks

Thanks for the video, I have one question. In the power demand curve, for me doesnt make sense have a price elasticity = 2 (elastic). It should be less than 1 (inelastic), because the quantity doesnt change when the price change.

Kudos sir...kudos

Very detailed explanation. TY!

As far as i know MAC stands for Media Access Control, not machine access code.

Thank you very much for this.

This was the most concise and well explained presentation that I've ever had the pleasure of witnessing. Thank you.

Boh da queste parti.. 👟

Take this from me: Before the end of Q2 2021, this video will hit 1M+ views. People still didn't hear about MD analysis and once they do, this video will rock ! Very good video with extra attention to details. The structure of this video is awesome and this guy knows what he is talking about. Thank you Mr. Lamont for this wonderful video.

Nice overview.

Excellent! Content was relatable, relevant and non-technical. Clear and very well understood! Thank you. I do want to ask, data does not necessarily have to be quantitative does it? (i.e. can use qualitative data in the analysis)

Well explained 👏

Just one word - Brilliant!!!

I think you meant "for linear demand curves, price elasticity (slope) remains constant, but for power demand curves, elasticity changes depending on where you're at on the curve", right?

This is the type of explanation that I believe brings the real, solid knowledge - an explanation that goes from the very basics, working up towards the point, while not leaving many things up for an assumption (but rather clarifying along the way very many points that might be "stumbling stones" otherwise). Well done and thank you.

Really very well explained at appropriate pace . Good one

Good Video

you optimise Total Profit cos after transformations you get a QUADRATIC function which as a curve has a max point. If you study economic course then definitely read *_Managerial Economics_* by Samuelson, Marks. There is a whole chapter about that kind of optimisation calcs using demand curve.

WOW DUDE this lecture was AMAZING, totally SO CLEAR and easy do digest. Thank you!!!!!!!!!!! Really

Just watched 1 minute and I am already hugely surprised on how cool and accurate this video is. Haha, I'm gonna watch it whole but before that I want to stress how great it is that we have also english subtitles delivered! Best regards

This gives me a better understanding of the Pivot Tables and DAX formulas I put together in Excel along with how better to explain them to colleagues and others. Thanks Michael!

You have explained so well that I watch the whole video in one take, which is not usual for me. Thank you very much.

OMG. This is so GREAT! I wish I could have watched this 10 years ago.

This is a fantastic introduction! Well done.

OMG!!! You are sooooo much better than my instructor. And you did it in half the time. I was seriously lost and now I think I am getting it! PLEASE KEEP POSTING! By the way I love you calming voice. :-[ I mean that in a nice way not creeper alert way.

thanku sir...

This was excellent. Thank you.