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).

Excel can solve equations through several of its mathematical functions, but the single Excel tool that works on the largest variety of equations is the program's Solver Add-in. This tool reads an ...

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 ...

Excel has several tools for solving complex equations like those that often arise in circuit design. In this blog, I will deal with the simplest, called “Goal Seek.” The very basis of Excel is that ...

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 ...

Simpson's rule is a mathematical formula used to approximate definite integrals. The method is complex, but if you need to perform this calculation in your business, you can save time by using an ...