Stratified mean-per-unit sampling is a key tool used by auditors. The popularity of this statistical procedure arises from its unique ability to produce trustworthy ...

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 ...

An Excel workbook called DemandCurve.xls provides a simple example of how to use Solver and the Comparative Statics Wizard to set up a standard consumer theory optimization problem and then derive a ...

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 ...

Along with Visual Basic for Applications, the scripting language used in many business-oriented spreadsheets, Excel also lost Solver when it was upgraded to be included in Office 2008. Since Solver ...

This is a non-standard, but fun and interesting optimization problem. While standing on the shore, given top running and swimming speeds and the location of a struggling swimmer in x and y coordinates ...