Excel Solver's __________ Is Based on a Method That Searches

question 2

Multiple Choice

Excel Solver's __________ is based on a method that searches for an optimal solution by iteratively adjusting a population of candidate solutions.

• A)Evolutionary Solver
• B)Goal Seeker
• C)Simplex LP
• D)GRG Nonlinear

---

Definitions:

Sales

The revenue a company earns from selling goods or services.

Gross Profit

The difference between sales revenue and the cost of goods sold, before deducting operating expenses, interest, and taxes.

Expense

Outflows or using up of assets as a result of the company’s efforts to generate revenue.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, ultimately revealing the net profit or loss for that time.