Which steps are needed to find the maximum possible profit with Solver?

To find the maximum possible profit using Solver, it is essential to first set parameters and constraints. This step involves defining the objective function, which in this case is the profit to maximize, and establishing the variables that Solver will manipulate to achieve that objective. Additionally, constraints are necessary to impose limits on the variables, ensuring that the solutions are practical and meet real-world conditions. By clearly defining what needs to be maximized and under what conditions, you create a structured problem for Solver to solve effectively. Properly configured parameters and constraints lead to accurate and relevant outcomes, which are critical in decision-making scenarios like determining maximum profit.