It seems like many other MAC users experience various problems using Solver. If it happens to all the MAC users in my class, then this is definitely not an isolated case.
So the verdict then? I don’t have the SLIGHTEST CLUE why it didn’t work! And a random thought crossed my mind: “Maybe Microsoft is out to screw Apple users?”Īfter the course end, I call forth the POWER of GOOGLE to see if others encountered the same issue. But all of them were following my instructions correctly. So I ended up spending the next 10 minutes troubleshooting with a few of them to see what went wrong. It came up with a sub-par solution that violates the constraints I set. Somehow, their Solver is not giving them the correct solution. MAC Excel Solver Unable to Find The Solutionīut as it turns out, my students running on MAC laptops cannot get the same results that I did. Sounds like all grounds covered? Or at least that is what I thought. Prior to this, I made sure it works on my PC, my wife’s MS Surface, my friend’s Windows-based laptop and MAC Book.
Well, I was illustrating how to use Microsoft Excel and Solver to perform a simple portfolio optimization comprising 2 assets. Everything went as planned until I was on the topic of portfolio optimization. Here, B1 is the cell that contains the value of X, proceeds to the box under only by changing cells and put in $B$1.I just recently delivered a course on quantitative techniques to investing. It will give the maximum or the minimum value, the value option will let you choose the value you want to be solved for.Ĭhanging cell is actually variable cells since it identifies the cell which has the variable of the problem. On the other hand, the equal option will enable you to identify the option that you plan to carry out. By setting the target cell, you will identify the position of the function that you want to solve. With solver, you can solve for formula in one cell. Change modifies the constraint you entered, delete deletes the entered constraint, and reset will clear the problem. Also, specify the Subjects to Constraints box just by clicking on the option. Make sure that the Cell box has the location of decision variables.
When you choose the value, the solver will try to find the value of cell targeted to the value which is placed in the box. Set Target Cell Box contains the location of the cell for the problem’s objective function. Specify the parameters for running the solver. When you click on the solver option, you will find a solver parameter box. Assign the variable to the function in a single cell.į(x) = in cell A2 and type 2*B1^3+3*B1-5 in B2 cell.Ĭell B1 acts as an X in the formula and thus, if you change the value in B1, the results will change. However, for the solver, you will have to define the function properly. A simple function y=3x^2+3x-5 is something that you do by hand.Solver has functions which enable you to find a solution to the root of the equation. You will find the solver is located under analysis.
Check the add-in box check that is next to the solver under the add-ins and click on the okay button.after clicking on it, you will notice box. Click on go box in manage-excel add-in.Hereafter, you will see an excel option box, click on the solver add-in which is located under the heading called add-in and ensure that it is highlighted with blue color.First, click on the ‘ Tools‘ menu and click on the options tab.You need to follow few steps to enable it. However, it is disabled till you enable it to use. You have the solver add-in by default in Microsoft Excel. Here, you will find the step-by-step to use a solver to your benefit. However, you should also know that there is an option that will enable you to find optimal solutions. There are some tools which can make your calculations a lot easier. Microsoft Excel has a lot of functions that can prove to be useful.