EXCEL SOLVER Function or Tool- Solve business problems and maximize your profits!

In this video, we explain the excel solver function or tool. The Excel solver function or tool is very powerful as the Excel solver can handle problems with multiple variables, unlike the goal seek function or tool which can handle problems with only one variable. In this video, we show an example to help calculate the number of units to produce out of different products in order to maximize the profit of a factory. 00:00 Introduction 00:30 Revisiting the Goal Seek example and solving using Solver 04:50 Solving A profit optimization problem using Solver Download Example Files: https://tinyurl.com/bdhv83zh Goal Seek video:    • Excel Goal seek tutorial | Breakeven point...   Sign up for our Newsletter: https://tinyurl.com/mr33kcsd Follow us on Social Media: Facebook: https://tinyurl.com/254eut6z Twitter: https://tinyurl.com/ycxkjzkk LinkedIn: https://tinyurl.com/ycym2nee Instagram: https://tinyurl.com/3mdpbdwa TikTok: https://tinyurl.com/p36wae4k Telegram: https://tinyurl.com/escuvwj9 Website: https://tinyurl.com/twtnwuv9 ****My online Excel Courses**** https://www.excelbonanza.com/courses/ #solver #excelformulasandfunctions #profitmaximization