High School

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In Excel, optimization problems are solved using an Add-In that ships with Excel called:

A. Solution
B. XLTools
C. AutoSum
D. Solver

Answer :

Final answer:

The Solver Add-In in Excel is used for optimization problems, correctly identified as option (D) Solver. This tool and similar functions in TI calculators enable users to find optimal solutions for mathematical and analytical problems.

Explanation:

In Excel, optimization problems are solved using an Add-In that comes bundled with the software called Solver. The correct option to the student's question is (D) Solver. This Add-In allows for solving various types of optimization problems where you can define objective functions, constraints, and change variables to find the optimal solution. There are two common approaches to solving such problems:

  • The first solution is step-by-step (Solution A), allowing users to instruct Solver on how to proceed through the optimization process.
  • The second solution involves using a feature of the TI-83, 83+, or 84 calculators (Solution B), these calculators have functions that are designed for mathematical optimization.

While Excel's Solver provides users with a powerful quantitative tool for problem-solving, the TI calculators mentioned are also popular choices for optimization tasks, especially within an educational setting.

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