Calculation of mixed strategies in Excel Solver (in Czech “Řešitel”) Step 1: Prepare your data Step 2: Run Excel Solver (it is under TOOLS), if it is not there install Solver (TOOLS/ADD-INS) Step 3:Formulate LP problem in Excel Solver Target Cell = Objective Function, Set MAX for maximization Changing Cells = Variables in the model (p1, p2, p3) Add constraints… Step 4: Solve the LP problem Choose SENSITIVITY REPORT (it will open new SHEET) Step 5: Analyze solution Find strategies of Player 1
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