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Using Excel Solver Add-in to find optimal hiring, firing, and layoff values

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    Using Excel Solver Add-in to find optimal hiring, firing, and layoff values

    Hi,
    Does anyone know how I might use the Excel 2010 solver add-in to find the optimal hiring, training, and layoff values for this spreadsheet?

    Trying to keep costs at a minimum.

    Spreadsheet: http://imgur.com/a/f7zKo

    Your help would be greatly appreciated...

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    Re: Using Excel Solver Add-in to find optimal hiring, firing, and layoff values

    Nevermind, I think I've got it.

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    Re: Using Excel Solver Add-in to find optimal hiring, firing, and layoff values

    Quote Originally Posted by ImportedBanana View Post
    Nevermind, I think I've got it.
    Do you still have this problem solved? I got the same problem but I'm not sure how to do it.

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    Forum Moderator Glenn Kennedy's Avatar
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    Re: Using Excel Solver Add-in to find optimal hiring, firing, and layoff values

    Hi.

    It's a forum rule that you start your own thread, rather than "piggy-backing" on someone else's thread. This helps prevent massive confusion arising - which will happen if it is not clear which question is being answered. So please start your own thread and explain your own problem (make sure that, right from the start, you use a meaningful title (NOT things like "help needed" or "urgent problem"... think of the Google search terms that you would use to find the solution).

    A picture is worth 1,000 words. An Excel sheet is worth 1,000 pictures. So, prepare a SMALL sample sheet (10-20 rows, not thousands!!!). Make sure there is enough data to demonstrate your need. Make sure your desired results are shown, mock them up manually if necessary. Remember to remove ALL confidential information first!!!
    Glenn




    None of us get paid for helping you... we do this for fun. So DON'T FORGET to say "Thank You" to all who have freely given some of their time to help YOU

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    Forum Expert Alf's Avatar
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    Re: Using Excel Solver Add-in to find optimal hiring, firing, and layoff values

    An interesting homework setup and still used after 9 years.

    I got the same problem but I'm not sure how to do it.
    A material balance for the three categories hiring, firing and training. Then some "SUMPRODUCT" formulas for the different costs and three ranges of cells to change as well as specify the values in these ranges as integers. That's all you need.

    Alf

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