Johnson Hardware Company was founded in 1855 and is the oldest company in Nebraska. The company is based in Omaha, with branch locations in Lincoln, North Platte, and Grand Island, Nebraska and Dodge Center, Minnesota.
What is a Benefit-Effort-Racit matrix? A Benefit-Effort Racit matrix can be best defined as a graph that first of all details the benefit a potential initiative can bring versus the effort in terms of time and resources required with the addition of a project timeline, including Start and End Dates.
Use SUMPRODUCT to calculate weighted averages. Excel makes it extremely easy to calculate the average of several cells: Just use the AVERAGE function. But what if some of the values have more weight than others? For example, in many classes the tests are worth more than the assignments. For these situations, you'll need to calculate the weighted average. Although Excel doesn't have a weighted average function, it does have a function that does most of the work for you: SUMPRODUCT. Even if you've never used SUMPRODUCT before, you'll be able to use it like a pro by the end of this article.