Stratified mean-per-unit sampling is a key tool used by auditors. The popularity of this statistical procedure arises from its unique ability to produce trustworthy ...

An Excel workbook called DemandCurve.xls provides a simple example of how to use Solver and the Comparative Statics Wizard to set up a standard consumer theory optimization problem and then derive a ...

This is a non-standard, but fun and interesting optimization problem. While standing on the shore, given top running and swimming speeds and the location of a struggling swimmer in x and y coordinates ...