Solving linear programming problems in a spreadsheet yields equations for maximizing business profits. As applied to business, linear programming typically involves an objective formula, such as unit ...

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 is incredibly powerful when your data is complete, but what happens when you need to solve for unknown variables? Enter ...

In the first part of this blog, Using Solver in Excel, Part 1, we started looking at what we can do with the Solver add-in to the Excel spreadsheet program. We looked at using Solver for the design of ...