It the help of this, you change the approach of the Solver to find a solution. Options:В To use your own customized way of solving the problem, the вЂoptionsвЂ™ parameter is used.Evolutionary- This approach is used for non-smooth difficult problems wherein it is difficult to evaluate the direction in which a function is increasing or decreasing.LP Simplex (Linear Programming)- This method is used to solve the problems carrying linear relationships.GRG Nonlinear (Generalized Reduced Gradient Nonlinear)- This algorithm is used for functions which consists of at least one of the smooth non-linear constraints.The user can choose one of the following methods : Select a Solving Method:В This parameter is used to specify the Excel solver problem type.Load/Save- If any of the constraints is used frequently so instead of writing it again and again you can load or save it for future use.Reset All- This option is used to delete all the available constraints and resets it to afresh.Delete- If you want to delete any of your constraints, click on the Delete option.Change- This option is used to make some changes to the existing subject constraints.Add- This option allows the user to add the constraints by selecting the cell reference edit box (present on theВ left side) and the Constraint edit box (present on theВ right side).The subject constraints can be further added or edited by the following options: SolverВ ConstraintsВ are the restrictions or limitations of the feasible solutions of problems, and these are the conditions that must be satisfied by the solver. Subject To The Constraints:В This box parameter enables the user to enter the constraints that you want to apply.The user can specify up to 200 variable cells. The non-adjacent references are separated by using commas. The data in the variable cells can be changed to achieve the output. By Changing Variable Cells:В This box parameter is used to enter the reference or name for each cell range decision variable.VALUE- To set the value of the objective cell to the particular value specified by the user in the value bar (present at the right corner).MIN- To set the value of the objective cell to small.MAX- To set the value of the objective cell to large.To:В This parameter is used to set the value for the objective cell.The objective can be maximized, minimized, or can be set to some user-defined value. Set Objective:В This objective box is used to enter the cell reference for the objective cell wherein the specified cell must contain a formula.LetвЂ™s load the Solver Add-in, and step by step look at its different parameters. It enhances the profit of the company or even to increase/decrease the number of alerts being generated by various risk strategies in a bank!.It helps you to change the amount of your predictable budget and evaluates the effect on your expected profit.It satisfies all the restrictions on cells and generates the desired output for the objective cell.This method calculates the max or min value of a cell by changing the values of the corresponding cells.Solver searches for optimal solutions for different types of decision-based problems.The solver is a handy tool and can lead to minimizing the cost of inventory or maximizing the production of a product.In other words, in вЂWhat-If AnalysisвЂ™, we change the values of the input variables to see the impact on the dependent variable, over here, itвЂ™s the reverse of it.Дo note that Solver may not always be able to give you a solution as it may not be able to find one which achieves all the constraints (conditions) set by you. It is precisely the opposite of вЂWhat-If AnalysisвЂ™. You want to change the values of the input variables to achieve that value. The Solver is used when you have a value in mind for your dependent variable, or you want to maximize the dependent value or minimize it (which is formula based). This tool operates with a group of cells (also known as decision variables), or only variable cells for calculating the formulas used in the cells. Microsoft Excel facilitates an add-in programming tool known as SolverВ that uses operational research techniques to find the optimal solutions for objective problems.

How can i redownload solver for excel