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 Production Mix Model Excel 20 657 Views
Staff Rating: 
4.5/5
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Price: $20.00
Merchant: Regnow
Expires: 7 Days
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GENERAL INFO
License: Shareware
File Size: 321 KB
Homepage: Click Here
STATUS
Added: 06-22-2004
Modified:05-28-2007
Downloads: 88
Rating: Not Rated
Votes: 0 Rate Now
Reviews: 0
 
Publishers Description:
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.

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

Category Placement:
Home > Business > Accounting

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System Information:
Install Support: Install and Uninstall
OS Support: 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
Requirements: Microsoft Excel

Release Information:
Release Date: 11/03/2004
Release Status: Minor Update
Release Notes: ?
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