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An optimization problem is one where you have to make the best decision (choose the best investments, minimize your company’s costs, find the class schedule with the fewest morning classes, or so on).
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How to Use Excel's Goal Seek and Solver to Solve for Unknown Variables
Excel is incredibly powerful when your data is complete, but what happens when you need to solve for unknown variables? Enter Goal Seek and the Solver add-in, two tools that let Excel do the heavy ...
Excel can solve equations through several of its mathematical functions, but the single Excel tool that works on the largest variety of equations is the program's Solver Add-in. This tool reads an ...
The popular Solver for Excel add-on has been redeveloped for Excel 2008 by Frontline Systems and Microsoft.
Solver is a linear programming / analysis tool for Excel that was included with Excel 2004 as an add-in, but dropped from Excel 2008 since it required Visual Basic for Applications (VBA).
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