The objective cell must be a single cell and must contain a formula.In Excel, we can find out the value of up to 200 variables using the solver.A nonlinear problem may have more than one feasible region, or set of similar values for the decision variables, where all of the constraints are satisfied.
Solver finds 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. Solver works with a group of cells, called decision variables or simply variable cells, which are used in computing the formulas in the objective and constraint cells. Solver adjusts the values in the decision variable cells to satisfy the limits on constraint cells and produce the result you want for the objective cell. We get the Solver Parameters dialogue box and we specify the reference of Objective Cell to C18, Decision Variable Cells to C6:E6 and two constraints conditions that Inventory left (G10:G14) must be greater than or equal to 0 and Quantity of Various products i.e. TV Set, Stereo, Speaker (C6:E6) (Decision Variable Cells) must be greater than or equal to 0. CFA And Chartered Financial Analyst Are Registered Trademarks Owned By CFA Institute. By closing this banner, scrolling this page, clicking a link or continuing to browse otherwise, you agree to our Privacy Policy.
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