1. Enable Solver Table In Excel Using
2. Enable Solver Table In Excel Shortcut
3. Enable Solvertable In Excel
4. How To Add Solver Table In Excel

To enable Solver, click ‘Tools’ then ‘Addins’. Within the Addin box, check ‘Solver.xlam’ then hit ‘OK’. To use Solver, start Excel 2011 and create or open your workbook. When you're ready to use Solver, click the Solver button on the Data tab (the bundled version of Solver doesn't use the menu Tools Solver.). Is your add-in missing? Learn how to re-enable it with this step-by-step tutorialExcel Add-ins can get disabled when Excel crashes. There is a Disabled Ite. Enable Solver in the 'Add-ins' section of your Excel preferences if necessary. Open a spreadsheet with data you want to analyze. Click Data, then click Solver. Select a cell to use from the 'Set Objective' field. Check the 'Value Of' box, then enter a desired value. This version of SolverTable was created for the Mac in October 2020. The essence of SolverTable has always been that it makes multiple uninterrupted Solver runs. For technical reasons, this is not possible in Excel for Mac, which explains why a version of SolverTable had never been available for the Mac.

Load the Solver Add-in | Formulate the Model | Trial and Error | Solve the Model

Excel includes a tool called solver that uses techniques from the operations research to find optimal solutions for all kind of decision problems.

Load the Solver Add-in

To load the solver add-in, execute the following steps.

1. On the File tab, click Options.

2. Under Add-ins, select Solver Add-in and click on the Go button.

3. Check Solver Add-in and click OK.

4. You can find the Solver on the Data tab, in the Analyze group.

Formulate the Model

The model we are going to solve looks as follows in Excel.

1. To formulate this linear programming model, answer the following three questions.

a. What are the decisions to be made? For this problem, we need Excel to find out how much to order of each product (bicycles, mopeds and child seats).

b. What are the constraints on these decisions? The constrains here are that the amount of capital and storage used by the products cannot exceed the limited amount of capital and storage (resources) available. For example, each bicycle uses 300 units of capital and 0.5 unit of storage.

c. What is the overall measure of performance for these decisions? The overall measure of performance is the total profit of the three products, so the objective is to maximize this quantity.

2. To make the model easier to understand, create the following named ranges.

3. Insert the following three SUMPRODUCT functions.

Explanation: The amount of capital used equals the sumproduct of the range C7:E7 and OrderSize. The amount of storage used equals the sumproduct of the range C8:E8 and OrderSize. Total Profit equals the sumproduct of UnitProfit and OrderSize.

Trial and Error

With this formulation, it becomes easy to analyze any trial solution.

For example, if we order 20 bicycles, 40 mopeds and 100 child seats, the total amount of resources used does not exceed the amount of resources available. This solution has a total profit of 19000.

It is not necessary to use trial and error. We shall describe next how the Excel Solver can be used to quickly find the optimal solution.

Solve the Model

To find the optimal solution, execute the following steps.

1. On the Data tab, in the Analyze group, click Solver.

Enter the solver parameters (read on). The result should be consistent with the picture below.

You have the choice of typing the range names or clicking on the cells in the spreadsheet.

2. Enter TotalProfit for the Objective.

3. Click Max.

4. Enter OrderSize for the Changing Variable Cells.

Enable Solver Table In Excel Using

5. Click Add to enter the following constraint.

6. Check 'Make Unconstrained Variables Non-Negative' and select 'Simplex LP'.

7. Finally, click Solve.

Enable Solver Table In Excel Shortcut

Result:

Enable Solvertable In Excel

The optimal solution:

How To Add Solver Table In Excel

Conclusion: it is optimal to order 94 bicycles and 54 mopeds. This solution gives the maximum profit of 25600. This solution uses all the resources available.