### Nelder-Mead Method in VBA

Nelder-Mead method is a derivatives-free numerical minimization (maximization) algorithm that is popular among practitioners. In today’s post I will introduce the algorithm, briefly discuss ways it can be modified to suit various optimization problems and implement a variation of the algorithm in VBA. The Algorithm: Since Nelder-Mead (NM) is a derivatives-free algorithm it can be … More Nelder-Mead Method in VBA