Goal Seek & Solver Bernard Liengme In Jan 23 folder

Goal Seek Sometimes called a ‘reverse solver’ The objective is to make the set cell have a specified value by altering the value of the changing cell. Goal Seek is found in Data | Data Tools | What-if Analysis

Formula in B3 is =B1*B2 We could keep varying B2 until B3 equals A hit-and-miss method Or we could use Goal Seek Remember that the result is STATIC Open Goal&Solver.xlsx

Solver A product from Frontline Solvers ( licensed by Microsofthttp:// Many more features than Goal Seek Can solve equations, and find Min and Max conditions Remembers its setting; so it is easiest to have one Solver model on each worksheet Open Solver sheet Solver is found: Data | Analysis | Solver

What if Solver is Missing? Solver is missing here Use File | Options | Add-ins | to open the Add-in Manager (see next slide) Video SolverAddIn.mp4

Make this read Excel Add-ins Press Go Click to add check mark to Solver Add-in

Scenarios A method of having one worksheet remember and display a model with different cell values Good tutorial at xcel2007s7p3.html xcel2007s7p3.html Let’s open the Scenario sheet in the embedded workbook We can make a Scenario Summary to generate a table of results Video Senario.mp4

Scenario Summary Here is a very simple example Video SenarioSummary.mp4