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Production Mix Model Excel


No knowledge of Linear Programming or Excel is required for use.. Operation is fully automated with tabular inputs and outputs. By using the Solver Add-in included with Microsoft Excel the optimum solution is identified and can then be manually adjusted to test alternative scenarios. It considers the resource demand, profit contribution and any minimum or maximum production requirements for each Production Item. The model applies Linear Programming to identify the optimum result. This may include materials, labor, machine time, floor space, transportation services etc. Resources are anything that is needed to produce or provide the Production Item. Production Items can be considered as the output of any process including manufactured items and the provision of services. Up to six unique Production Items can be handled with ten specific resource inputs. It will identify the mix (number) of each Production Item to produce and any remaining resource. This model calculates the Product or Service Mix that maximizes overall profit considering available resources.

Maximize overall profit by optimizing resource use, for products or services.

 

Author: Bizpep
Version: 20
Filesize: 114 Kb
Date: 06/02/2002
Installation: Install and Uninstall
OS: Win98, WinME, WinNT 3.x, WinNT 4.x, Windows2000
SysReq: Microsoft Excel
Interface languages: English
License: Shareware
Price: 20.00

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