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Production Mix Model Excel for Windows

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Editors’ Review

Download.com staff
This model calculates the optimal product/service mix to maximize overall profit. It identifies production quantities and remaining resources by applying linear programming. The automated Excel-based tool requires no advanced user knowledge.
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Production Mix Model Excel 0/1

  • Pros

    • Calculates optimal product/service mix for maximum profit.
    • Utilizes Linear Programming to identify optimum results.
    • Fully automated operation with tabular inputs and outputs.
    • Requires no prior knowledge of Linear Programming or Excel.
    • Supports manual adjustment for testing alternative scenarios.

  • Cons

    • Limited to a maximum of six unique production items.
    • Accommodates up to ten specific resource inputs.
    • Requires Microsoft Excel with the Solver Add-in.
Icon of program: Production Mix Model Exce…

Production Mix Model Excel for Windows

Download now

Used Production Mix Model Excel for Windows?

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Full Specifications

GENERAL
Release
Latest update
Version
30
OPERATING SYSTEMS
Platform
Windows
Operating System
  • Windows Vista
  • Windows 2003
  • Windows 2000
  • Windows 98
  • Windows 7
  • Windows ME
  • Windows NT
  • Windows Server
  • Windows 10
  • Windows XP
Additional Requirements
Microsoft Excel
POPULARITY
Total Downloads
2,251
Downloads Last Week
2
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Developer’s Description

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