Matching
Match each of the following terms to its best description:
Premises:
Non-binding constraint
Optimization model
Solver
Binding constraint
Objective cell
Responses:
A constraint that does not restrict the target value that Solver finds
An Excel add-in that searches for the best or optimum solution to a problem by manipulating the values for several variables within restrictions that you impose
Cell that contains the formula to produce a value to be optimized
Find the highest, lowest, or exact value for one particular result by adjusting values for selected variables
A limit that Solver must follow to find the optimal value
Correct Answer:
Premises:
Responses:
Non-binding constraint
Optimization model
Solver
Binding constraint
Objective cell
Premises:
Non-binding constraint
Optimization model
Solver
Binding constraint
Objective cell
Responses:
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