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What Are the Four Steps to Setting Up an Optimization

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What are the four steps to setting up an optimization problem with Excel Solver?


Definitions:

Promisor

An individual or entity who makes a promise or agreement to perform a specified act or service for a promisee.

Moral Obligation

A responsibility or duty which is ethically binding but not legally enforceable.

Consideration

In contract law, consideration refers to something of value that is exchanged between parties entering into a contract, often seen as the reason or incentive for a party to enter into an agreement.

Comatose

A state of deep unconsciousness in which a person cannot be awakened; typically resulting from illness or injury.

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