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 ...

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).

The Solver add-in for Microsoft Excel is one of the most important, so we can understand the frustrations when users cannot get it to work as they hope. In older versions of Excel, folks had to ...

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.

An Excel workbook called ProfitMax.xls provides a simple example of how to use Solver and the Comparative Statics Wizard. The Comparative Statics Wizard is an Excel add-in that walks the user through ...

An Excel workbook called DemandCurve.xls provides a simple example of how to use Solver and the Comparative Statics Wizard to set up a standard consumer theory optimization problem and then derive a ...

A popular add-on for helping Excel users creating optimization models has made its return to Excel 2008. Solver for Excel had been among the casualties of Microsoft’s decision to drop Visual Basic for ...