Home > Excel Business Solutions > Operations and Management > Process Management > Product Mix Optimization Share

Product Mix Optimization

Excel product mix optimization for process management


Excel Product Mix Optimization

Rate this solution:
(4.3/5 from 3 votes)
Product Mix Optimization screenshot
Excel Product Mix Optimization finds optimal production quantities of products and services based on input resource dynamics to maximize profit margin for the business. Variable constraints can be applied to capacity and demand attributes of required production resources to accurately optimize for the best product or service mix for the business unit.

Key features of Excel Product Mix Optimization include:
  • Efficiently establishes the optimal mix and unit numbers of products and services produced for available resource utilization.
  • Supports up to ten customizable resource types and six production products or services with associated cost and revenue streams.
  • Optimization ca be applied to manufactured goods and provision of services.
  • Flexible resource types can be defined including human resources, equipment time, floor space, transport and other indirect cost assignment.
  • Minimum and maximum production unit constraints can be applied to focus product mix optimization to external requirements.
  • Resource demand and profit contribution for each product or service is utilized to produce optimization results in an intuitive table format.
  • Additional external risk and sensitivity solutions can be applied to undertake alternative scenario analysis.

Try It  Get It

(Pricing is available on the next page)
(Updated on 2024-01-01)

Related Excel Solutions for Product Mix Optimization

Portfolio OptimizationPortfolio Management  Product ProfitabilitySales and Marketing  Supplier Profitability AnalysisSupply Chain and Inventory

Share your thoughts and opinion with other users: Create Review

Browse Main Excel Solution Categories

Business Finance Financial Markets Operations Management Excel Productivity

Additional Excel business solutions are categorized as and the . Further solutions proposed for specific user requirements can be either found in the Excel Help Forum.