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Dynamic blocks linking to excel spreadsheets

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What I would like to do is find a way to use a dynamic block, which has already been created, and once I put in the proper length, speed, type of conveyor, etc., it will automatically update an excel spreadsheet, for example a power estimate, or cost estimate sheet. Is this possible, if so, what is the quickest, and easiest way to do this?

 

Also, what formula would I use in excel to link back to the DWG?

 

Thank you


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