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).

The Solver add-in for Microsoft Excel is one of the most important, so we can understand the frustrations when users cannot get it to work as they hope. In older versions of Excel, folks had 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 ...

Stratified mean-per-unit sampling is a key tool used by auditors. The popularity of this statistical procedure arises from its unique ability to produce trustworthy ...

A popular add-on for helping Excel users creating optimization models has made its return to Excel 2008. Solver for Excel had been among the casualties of Microsoft’s decision to drop Visual Basic for ...

Q. You explained Excel’s Scenario Manager in your November 2024 Tech Q&A article and Goal Seek in your December 2024 Tech Q&A article. Can you please explain the final What-If Analysis tool: Data ...

Modern measurement techniques allow researchers to gather ever more data in less time. In many cases, however, the primary or raw data have to be further analyzed, be it for the verification of a ...