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Production Mix Model Excel
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.
| Software Information |
System Requirements |
| Version: |
20 |
- Windows NT4/2000/2003/XP and Vista
- Microsoft Excel
- 128 MB of RAM
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| License: | Free to try, $20.00 to buy |
| File Size: |
322 KB |
| Screenshot : | View Screenshot |
| Rating : |  |
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