Production Mix Model Excel

Maximize overall profit by optimizing resource use, for products or services. Up to six
unique outputs can be handled with ten specific resource inputs. It considers the resource
demand, profit contribution and any minimum or maximum requirements.

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

Keywords :

production, mix, manufacturing, planning, scheduling, tool, software, business, profit,
revenue, costs, service, product, optimize, maximize, linear programming, solver,
resource, excel, bizpep

Win98,WinME,WinNT 3.x,WinNT 4.x,Windows2000,WinXP,Windows2003,Windows Vista
Starter,Windows Vista Home Basic,Windows Vista Home Premium,Windows Vista Business,Windows
Vista Enterprise,Windows Vista Ultimate,Windows Vista Home Basic x64,Windows Vista Home
Premium x64,Windows Vista Business x64,Windows Vista Enterprise x64,Windows Vista Ultimate
x64