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Production Mix Model Excel Info

Production Mix Model Excel 20

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

License	Shareware	Date Added	01/23/2006
Price	USD $20.00	Category	Business & Productivity / Finance
Download Size	321 KB	Author	Bizpep

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.

Operating Systems: Windows 98, Windows Me, Windows NT, Windows 2000, Windows XP

Language: English

Similar to Production Mix Model Excel

Bizpep	Business	Costs	Excel
Linear Programming	Manufacturing	Maximize	Mix
Optimize	Planning	Product	Production
Profit	Resource	Revenue	Scheduling
Service	Software	Solver	Tool

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