The Complete Excel Guide: Beginners to Advanced - Solver

The Complete Excel Guide: Beginners to Advanced - Solver

Assessment

Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

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The video tutorial introduces the Solver add-in in Excel, explaining how to enable it and its advantages over Goal Seek. A practical example involving staffing a cafe is used to demonstrate Solver's capabilities in handling complex problems with multiple variables and constraints. The tutorial covers setting up the model, defining constraints, and configuring Solver parameters to find the optimal solution. The video concludes with a challenge to improve Solver's solution.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the objective set in the Solver parameters for the staffing problem?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the three options available for the objective in Solver?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the constraint that staff numbers must be whole numbers?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the final staffing solution proposed by Solver for the cafe?

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