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).

Inventory for eCommerce and other types of businesses is crucial, and keeping track of it is even more important. Thankfully, we have Microsoft Excel that will enable you to manage your inventory ...

Have you ever found yourself scrambling to find out which products are running low or when your next shipment is due? Managing inventory can be a daunting task, especially if you’re relying on ...

Just about everyone knows Microsoft Excel is a great tool for doing fast calculations in a worksheet. What small business owners don't know is that Excel can also count. Regardless of what kind of ...

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 ...

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 ...

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 ...

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 ...