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 ...

Microsoft Excel is a great Office application from Microsoft and it does not need any introduction. It helps every one of us, in many ways by making our tasks simpler. In this post we will see how to ...

Solver allows you to use an Excel spreadsheet to easily solve problems with multiple variables. We'll look at a couple of examples to see what Solver can do and how easy it is to use. Solver is an add ...

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 ...

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).

Along with Visual Basic for Applications, the scripting language used in many business-oriented spreadsheets, Excel also lost Solver when it was upgraded to be included in Office 2008. Since Solver ...