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Overview

Production Mix Model Excel Publisher Description

Calculate the Product or Service Mix that maximizes overall profit. Up to six unique outputs can be handled with ten specific resource inputs. Outputs are the result of any process including manufactured items and the provision of services. Resources are anything needed to produce or provide the output i.e materials, labor, machine time etc. The model considers the resource demand, profit contribution and any minimum or maximum requirements.

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Production Mix Model Excel 20

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

Version:	20	Date Added:	Mar 11, 2004
File Size:	0.31MB	Downloads:	56
License:	Shareware , $20 to buy
System:	Windows 98/2000/XP/Server/Vista/Vista x64/Other
Limitations:
Publisher:	Bizpep , More products
Requirements:	Microsoft Excel

Price: US$20.00

File size: 0.31MB

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...... 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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