Join Curt Frye for an in-depth discussion in this video Introducing the problem, part of Solving Optimization and Scheduling Problems in Excel.
- Mixture Problems ask you to find…an optimal combination of ingredients.…Of course, what is optimum…is based on a particular criteria.…Your criterion could be to minimize cost,…to maximize profit…or perhaps to just meet production goals.…In this problem, you will want to find…the lowest cost mixture of ingredients…that meets certain content criteria.…In this problem, we will be looking at a Nonlinear Mixture.…The term nonlinear means that it is not linear…so we have to ask ourselves…"Well, what makes a problem linear?"…In a linear equation,…every term is a constant…and perhaps multiplied by a factor.…
That means that there are no exponents in the terms…so you can't have any squares, cubes or so on.…That means that an equation such as y = 2x + 3 is linear.…The x is of the first power…and everything else is a constant or a single term.…But y = 2x2 + 3 is nonlinear.…That's because we have 2x2…and the exponent of 2 is greater than 1.…You can also have a problem be made nonlinear…if there's feedback in the solution…and that is exactly what happens in this example.…
- Finding target values using Goal Seek
- Organizing worksheets
- Finding a solution using Solver
- Solving linear and nonlinear mixture problems
- Solving transportation problems
- Solving resource scheduling or sports scheduling problems
- Analyzing Solver results
Skill Level Intermediate
Excel 2013: Managing and Analyzing Datawith Dennis Taylor2h 2m Intermediate
Excel 2013: Data Validation in Depthwith Dennis Taylor1h 5m Intermediate
Cleaning Up Your Excel 2013 Datawith Dennis Taylor1h 59m Appropriate for all
1. Working with Solver
2. Solving a Linear Mixture Problem
3. Solving a Nonlinear Mixture Problem
4. Solving a Transportation Problem
5. Solving a Resource Scheduling Optimization Problem
6. Solving a Sports Scheduling Problem
7. Analyzing Your Solver Results
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