Help with Solver

M

Mike Wilcox

I wrote a one page routine that enables me to input actual current
allocations among bonds, stocks, real estate, precious metals and cash. Then
I input the ratios I want such as 60-40 stocks vs. bonds and 1-1-1 large
caps-small caps-int'l stocks. Then I choose which of several macros to run
that are simply goal seeks for 5%, 10% or 15% cash, and it gives me a perfect
solution every time.

So I tried to do the same calcs with Solver. For "Set Target Cell:" I put
in the cell where the calculated cash percentage is displayed. For "Equal
to: Value of:" I put in 0.05 to solve for 5% cash. For "By Changing Cells:"
I entered the input cell from which the model calculates all of the target
allocations.

If use the cash % that is already calulated it says: "Solver found a
solution. All constraints and optimality conditions are satisfied." But if
I enter a cash % that is different, it says, "Solver could not find a
feasible solution."

If I immediately Goal Seek for the same parameters, it gets a solution easily.

Any idea why Solver won't work in this case?

Mike Wilcox
 

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