17. Solving Complex Problems with Solver

In Chapter 15, “Using Excel’s Business-Modeling Tools,” you learned how to use Goal Seek to find solutions to formulas by changing a single variable. Unfortunately, most problems in business aren’t so easy. You’ll usually face formulas with at least two and sometimes dozens of variables. Often, a problem will have more than one solution, and your challenge will be to find the optimal solution (that is, the one that maximizes profit, or minimizes costs, or matches other criteria). For these bigger ...

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