OR/MS Today — Industry News


Posted: 10/9/06

Frontline Releases Premium Solver Platform V7.0, Solver Engines V7.0

Frontline Systems is shipping Version 7.0 of its Premium Solver Platform for Excel, the market leader for spreadsheet optimization, and seven large-scale Solver Engines V7.0 that "plug into" both the Premium Solver Platform and the Solver Platform SDK V7.0. Frontline's products are upward compatible with the Solver in Excel and offer a comprehensive solution for businesses seeking to better allocate scarce resources using optimization technology. Trial versions are available for download from www.solver.com.

The Premium Solver Platform V7.0 supports Solver models spread across multiple worksheets in a workbook, with decision variables and constraints on any worksheet. Different models may be defined on each worksheet, and each model can include variables and constraints on any sheet in a workbook. In Excel 2007, the Platform V7.0 supports Solver models with 16,384 columns and 1,048,576 rows — far beyond the 256 column and 65,536 row limits in previous Excel releases.

When used with Frontline Systems' new Risk Solver Engine V7.0, the Premium Solver Platform V7.0 can solve simulation optimization problems with unprecedented speed. This is Frontline's first step in a long-term effort to support optimal decision-making under uncertainty, using quantitative models in Excel.

Models can include random variables, defined by probability distributions, and formulas that depend on these random variables. Risk Solver Engine performs Monte Carlo simulation, with thousands of trials, on each change to the spreadsheet. Statistics for any uncertain formula, such as its mean and variance, Value at Risk, and percentiles, are available on the spreadsheet and can be used in the objective and constraints of a V7.0 optimization model.



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