How to Create and Analyze Solver Answer Report in Excel
What is the process of creating a Solver answer report in Excel?
How can one view the report results to analyze and interpret the solutions effectively?
Creating a Solver Answer Report
To create a Solver answer report for a problem in a business or mathematical course using Excel, you first need to define the objective cell, variable cells, constraints, and the desired outcome of the Solver model. Once the Solver has found a solution, follow these steps:
- Click on the 'Solver Results' option in the Data tab.
- Choose 'Answer Report' from the options to generate the report.
Interpreting Solver Results
After generating the answer report, you can analyze and interpret the solutions effectively by:
- Understanding how the final values were achieved.
- Evaluating the impact of constraints on the solution.
- Determining if the solution is optimal or the best possible alternative.
Creating a Solver answer report in Excel is crucial for understanding the outcome of complex problem-solving models. By following the steps outlined above, you can generate a detailed report that provides insights into the optimal solution and the variables involved.
When analyzing the report results, it is essential to pay attention to the values of the objective and variable cells, as well as the constraints that have been met or not satisfied. This information helps in assessing the significance of the solution and the problem-solving strategy employed.
Interpreting Solver results requires analytical skills to grasp the implications of the numerical solution within the context of the problem. By reviewing the report carefully, you can gain a better understanding of how the Solver arrived at the final solution and whether it meets the desired outcomes.
Overall, the process of creating and analyzing a Solver answer report in Excel enables individuals to make informed decisions based on the solutions provided. It helps in evaluating the effectiveness of different problem-solving strategies and guides in selecting the most suitable approach for a given scenario.