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).

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 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 ...

If you are learning to use Excel, you may not have any problems because you may have come across a large number of codes and formulas that you need to learn or write. In this note, I present a tip ...

An Excel workbook called ISLMCS.xls provides a simple example of how to use Solver and the Comparative Statics Wizard to set up a standard short run macro model and then do comparative statics. The ...

What-if analysis in Excel is a powerful tool that allows you to explore different scenarios and outcomes by changing input values in your formulas. This guide will walk you through the three primary ...

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 ...