Management Science Chapter 1 and 2 notes.docx

# If the model had not been previously set up with

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back and forth, without losing any Solver data. If the model had not been previously set up with Excel’s Solver, the steps for doing so with Analytic Solver are analogous to the steps used with Excel’s Solver as covered in Section 2.5 . In both cases, we need to specify the location of the objective cell, the changing cells, and the functional constraints, and then click to solve the model. However, the user interface is somewhat different. Analytic Solver uses the buttons on the Analytic Solver ribbon instead of the Solver dialog box. We will now walk you through the steps to set up the Wyndor problem in Analytic Solver. To specify TotalProfit (G12) as the objective cell, select the cell in the spreadsheet and then click on the Objective button on the Analytic Solver ribbon. As shown in Figure 2.14 , this will drop down a menu where you can choose to minimize (Min) or maximize (Max) the objective cell. Within the options of Min or Max are further options (Normal, Expected, Chance). For now, we will always choose the Normal option.

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are filled in when the Add Constraint dialog box is brought up (because the HoursUsed cells were selected and <= was chosen under the Constraints button menu). The Add Constraint dialog box then can be used to fill in the remaining right-hand side of the constraint—HoursAvailable (G7:G9)—by clicking in the box labeled Constraint and choosing these cells on the spreadsheet. Figure 2.17
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