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What is the benefit of using Solver over Goal Seek and Scenario Manager?

Bored.

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Posts: 852

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6 years ago

What is the benefit of using Solver over Goal Seek and Scenario Manager?

What is the benefit of using Solver over Goal Seek and Scenario Manager?

Textbook

Exploring Microsoft Office 2013, Volume 2, Canadian Edition

Exploring Microsoft Office 2013, Volume 2, Canadian Edition

Edition: 1^st

Authors: Grauer, Jenne, Igonor

Read 66 times

1 Reply

Related Topics

Solved Comments can be added to Scenarios in which tab or dialog box?
Solved How do you start Goal Seek?
Solved What is a scenario in Excel What-if analysis?
Solved What is this an example of?
Solved The biggest difference between Scenario Manager and Solver is Solver uses ________.
Solved Goal Seek changes multiple variables to reach the optimal goal
What is the purpose of an Excel What-if scenario?
Solved The Excel tool for solving one equation with one unknown is:

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Replies

mtechama

wrote...

#1

6 years ago

Solver is the most robust of the What-if Analysis tools. Solver holds two benefits over both Goal Seek and Scenario Manager. While Goal Seek can solve simple equations, it lacks the ability to maximize or minimize results. It also lacks the ability to generate reports. In contrast, Scenario Manager does have the ability to manipulate multiple variables and generate reports, however, it lacks the ability to handle economic constraints.

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