Optimization and Solver Add-In

Optimization and Solver Add-In - minimized or maximized –...

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Optimization and Solver Dr. Zeinab Karake
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Optimization Problem Optimization Problems have: Decision variables (can be varied) Objective function (what are we optimizing?) Constraints (typically, business rules), including the non negativity constraint In Excel: Changing cells -> decision variables Target cell -> contains the objective (one) to be
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Unformatted text preview: minimized or maximized – Constraints -> formulas or cells Solver Add-In • Click the File Tab • Choose options • Click on Add-Ins • Go to the bottom of the screen next to “Manage Add-Ins” and click on Go • Check the Solver Add-In box • Click OK • Solver is installed and you should find it...
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This note was uploaded on 11/24/2011 for the course BUS 301 taught by Professor Karake during the Fall '11 term at Maryland.

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Optimization and Solver Add-In - minimized or maximized –...

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