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Optimization Model Excel Template

Solve complex optimization problems with linear programming, resource allocation, constraint optimization, and operations research tools for optimal decision-making.


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Solve Complex Business Problems with Mathematical Optimization

Optimization is crucial for maximizing efficiency, minimizing costs, and making optimal decisions under constraints. Our Optimization Model Template provides comprehensive tools to formulate optimization problems, implement solution methods, and find optimal solutions for resource allocation, scheduling, and strategic planning.

From linear programming to constraint optimization, solve complex business problems systematically. Built for operations researchers, analysts, and decision-makers, this template helps you optimize processes, allocate resources efficiently, and achieve maximum performance.

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Linear Programming & Mathematical Modeling

Problem Formulation & Setup

Define optimization problems with objective functions, decision variables, and constraints. Structure linear programming models for maximization or minimization problems with systematic problem formulation.

Solver Implementation

Implement Excel Solver to find optimal solutions for linear programming problems. Configure solver parameters, set constraints, and interpret solution results with sensitivity analysis.

Resource Allocation Models

Optimize resource allocation across projects, departments, or activities. Solve production planning, workforce scheduling, and budget allocation problems with constraint optimization.

Transportation & Assignment

Solve transportation problems for cost minimization and assignment problems for optimal matching. Optimize supply chain logistics and task assignments with specialized algorithms.

Advanced Optimization Techniques & Analysis

Sensitivity Analysis

Perform sensitivity analysis to understand how changes in parameters affect optimal solutions. Analyze shadow prices, reduced costs, and allowable ranges for robust decision-making.

Multi-Objective Optimization

Handle multiple conflicting objectives using goal programming and weighted objective approaches. Balance trade-offs between cost, quality, time, and other performance measures.

Integer Programming

Solve problems with integer constraints for discrete decision variables. Handle binary decisions, project selection, and facility location problems with integer programming methods.

Scenario Analysis & Optimization

Optimize under uncertainty using scenario-based approaches. Evaluate different scenarios, perform robust optimization, and make decisions under varying conditions.

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Frequently Asked Questions

What types of optimization problems can it solve?

The template can solve linear programming, resource allocation, transportation, assignment, scheduling, and portfolio optimization problems. It handles both maximization and minimization objectives with linear constraints.

Does it require Excel Solver add-in?

Yes, the template utilizes Excel's Solver add-in for optimization calculations. It provides step-by-step instructions for enabling and configuring Solver for different problem types.

Can it handle large-scale optimization problems?

The template is designed for medium-scale problems within Excel's capabilities. For large-scale problems, it provides guidance on problem decomposition and alternative solution approaches.

How does it perform sensitivity analysis?

The template includes sensitivity analysis tools that show how changes in parameters affect the optimal solution. It provides shadow prices, reduced costs, and allowable ranges for decision variables.

Can it solve non-linear optimization problems?

The template focuses on linear programming but includes guidance on handling some non-linear problems using linearization techniques and Excel's non-linear solver capabilities.

Frequently Asked Questions

If you question is not covered here, you can contact our team.

Contact Us
How do I analyze data?
To analyze spreadsheet data, just upload a file and start asking questions. Sourcetable's AI can answer questions and do work for you. You can also take manual control, leveraging all the formulas and features you expect from Excel, Google Sheets or Python.
What data sources are supported?
We currently support a variety of data file formats including spreadsheets (.xls, .xlsx, .csv), tabular data (.tsv), JSON, and database data (MySQL, PostgreSQL, MongoDB). We also support application data, and most plain text data.
What data science tools are available?
Sourcetable's AI analyzes and cleans data without you having to write code. Use Python, SQL, NumPy, Pandas, SciPy, Scikit-learn, StatsModels, Matplotlib, Plotly, and Seaborn.
Can I analyze spreadsheets with multiple tabs?
Yes! Sourcetable's AI makes intelligent decisions on what spreadsheet data is being referred to in the chat. This is helpful for tasks like cross-tab VLOOKUPs. If you prefer more control, you can also refer to specific tabs by name.
Can I generate data visualizations?
Yes! It's very easy to generate clean-looking data visualizations using Sourcetable. Simply prompt the AI to create a chart or graph. All visualizations are downloadable and can be exported as interactive embeds.
What is the maximum file size?
Sourcetable supports files up to 10GB in size. Larger file limits are available upon request. For best AI performance on large datasets, make use of pivots and summaries.
Is this free?
Yes! Sourcetable's spreadsheet is free to use, just like Google Sheets. AI features have a daily usage limit. Users can upgrade to the pro plan for more credits.
Is there a discount for students, professors, or teachers?
Currently, Sourcetable is free for students and faculty, courtesy of free credits from OpenAI and Anthropic. Once those are exhausted, we will skip to a 50% discount plan.
Is Sourcetable programmable?
Yes. Regular spreadsheet users have full A1 formula-style referencing at their disposal. Advanced users can make use of Sourcetable's SQL editor and GUI, or ask our AI to write code for you.
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