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Home › Mathematics Help › Statistics- Optimizing Models In Excel and Solver
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Statistics- Optimizing Models In Excel and Solver

Date Posted: 18/02/2020
Category: Mathematics
Due Date: 21/02/2020
Instruction
Complete problems 2, 11 and 19 ensuring that answers covers problem from book and Rubic Assignment 5. Data files are attached with examples of worked files
Attached
Download File 1 (docx)
Download File 2 (xlsx)
Download File 3 (xlsx)
Download File 4 (xlsx)
Download File 5 (pdf)
Download File 6 (xls)
Download File 7 (xls)
Tutor Uploads
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  • Working on it
    Dr_Newton | Feb 18, 2020, 21:22 PM
  • Thanks, please remember to use Solver add-in where specified.
    User_25984 | Feb 19, 2020, 18:13 PM
  • Alright.
    Dr_Newton | Feb 19, 2020, 18:14 PM
  • Hey, I have completed and uploaded the work. Check it and get back to me
    Dr_Newton | Feb 20, 2020, 16:48 PM
  • Hello- I did not see the problem worked in Solver add on, this needs to be demonstrated. Each answer needs to copied unto the the Assignment Rubic word document(file 1). On problem 11, I didn't see maximum sales change to minimum sales. Also, Max value on part c is missing on spread sheet. Thank You.
    User_25984 | Feb 20, 2020, 18:43 PM
  • Looking at video for optimizing in excel and using Solver, number should be whole and no negatives. Please see examples of problems worked in attachment 56 and 7 to compare to your spreadsheet. Here is video link https://2000021-1.kaf.kaltura.com/browseandembed/index/media-redirect/entryid/0_db9de95x/showDescription/false/showTitle/false/showTags/false/showDuration/false/showOwner/false/showUploadDate/false/playerSize/400x285/playerSkin/42191931/thumbEmbed//autoPlay//startTime//endTime/#
    User_25984 | Feb 20, 2020, 19:21 PM
  • Fixing that
    Dr_Newton | Feb 20, 2020, 20:22 PM
  • The maximum sales change to minimum sales by changing operator <= to >=, closely check the spreadsheet it has no negative values.
    Dr_Newton | Feb 21, 2020, 12:13 PM
  • The maximum sales change to minimum sales by changing operator <= to >= closely check the spreadsheet it has no negative values
    Dr_Newton | Feb 21, 2020, 12:14 PM
  • Thank you did you look at attachment 6 and 7 example of how the problems are worked. There is suppose t be a sensitivity report? on problem2? Also, the max value is ?
    User_25984 | Feb 21, 2020, 15:33 PM
  • Sensitivity report will only apply to problem 3 It can't apply to questions two because the instructions were to change maximum sales to minimum sales Point number three to see how the add on was applied click on the maximum value then click solver
    Dr_Newton | Feb 21, 2020, 19:42 PM
  • Sensitivity report applies to problem three ...to check on how the solver add on has been applied ...Click on the cell next to the max value ....this is the objective sell then click data then solver ....the solver menu will pop up with the changing cells which are the number produced(optimum solution)
    Dr_Newton | Feb 21, 2020, 19:46 PM
  • thank you
    User_25984 | Feb 21, 2020, 22:04 PM
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