Solver is a Microsoft Excel add-in program you can use for what-if analysis. Use Solver to find an optimal (maximum or minimum) value for a formula in one cell — called the objective cell — subject to constraints, or limits, on the values of other formula cells on a worksheet.
What method does Excel Solver use?
The Excel 2010 Solver has 3 Solving methods used for solving spreadsheet optimization problems.
- Simplex Method. The Simplex method is used for solving linear problems. ...
- GRG Nonlinear. The GRG solver is used for solving smooth nonlinear problems. ...
- Evolutionary Solver. ...
- Linearity Report. ...
- Feasibility Report. ...
- Population Report.
What is Solver in Excel with example?
Excel Solver allows specifying up to 200 variable cells. In this example, we have a couple of cells whose values can be changed: Projected clients per month (B4) that should be less than or equal to 50; and. Cost per service (B5) that we want Excel Solver to calculate.
