Optimize resource use to maximize profit.

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

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Optimize resource use to maximize profit.
Production Mix Model Excel 30 by Bizpep
License: Demo
Popularity:
0.6% popularity: Production Mix Model Excel
Production Mix Model Excel scanned and found to be virus free

Publisher's 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.




Size: 252KB
Cost: $69.00


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Calculators & Converters category

What's New in this Release: Evaluation Mode with Excel 2007 and Excel 97-2003 versions.
Platform: Win2000,Win98,WinOther,WinServer,WinVista,WinVista x64,WinXP,Other
License: Demo
Category: Business::Calculators & Converters
Date Added: Oct 29, 2006
Last check for an update: Dec 04, 2016
Last version date: Apr 29, 2010
Downloads Total : 1
Downloads last 10 Days: None
Page Visit: 158
Malware Status: Clean
Scan Date: Apr 17, 2008

Link to Production Mix Model Excel sample code
Maximize overall profit by optimizing resource use, for products or services.



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