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Cell Name Original Value Final Value

The document is an Excel report summarizing the results of a solver model that was run to minimize production costs over multiple weeks given demand for shampoo and hand sanitizers, with the objective of minimizing total costs which include production, inventory holding and switching costs between products. The solver found a solution that satisfied all constraints while keeping the total minimum cost at 558.265. Key inputs and outputs of the model are shown including production quantities, inventory levels, costs and constraints.

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bhanu agarwal
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0% found this document useful (0 votes)
33 views7 pages

Cell Name Original Value Final Value

The document is an Excel report summarizing the results of a solver model that was run to minimize production costs over multiple weeks given demand for shampoo and hand sanitizers, with the objective of minimizing total costs which include production, inventory holding and switching costs between products. The solver found a solution that satisfied all constraints while keeping the total minimum cost at 558.265. Key inputs and outputs of the model are shown including production quantities, inventory levels, costs and constraints.

Uploaded by

bhanu agarwal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Microsoft Excel 16.

40 Answer Report
Worksheet: [Book2]Sheet1
Report Created: 16/09/20 2:08:54 AM
Result: Solver found a solution. All constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 197575232.746 Seconds.
Iterations: 0 Subproblems: 0
Solver Options
Max Time Unlimited, Iterations Unlimited, Precision 1E-06
Max Subproblems Unlimited, Max Integer Sols Unlimited, Integer Tolerance 1%, Assume NonNegative

Objective Cell (Min)


Cell Name Original Value Final Value
$G$33 Minimise y2 558.265 558.265

Variable Cells
Cell Name Original Value Final Value Integer
$F$15 y1 0 0 Binary
$G$15 y2 0 0 Binary
$F$16 y1 0 0 Binary
$G$16 y2 0 0 Binary
$F$17 y1 0 0 Binary
$G$17 y2 0 0 Binary
$F$18 y1 0 0 Binary
$G$18 y2 0 0 Binary
$F$19 y1 0 0 Binary
$G$19 y2 0 0 Binary
$F$20 y1 0 0 Binary
$G$20 y2 0 0 Binary
$F$21 y1 0 0 Binary
$G$21 y2 0 0 Binary
$F$22 y1 0 0 Binary
$G$22 y2 0 0 Binary
$F$23 y1 0 0 Binary
$G$23 y2 0 0 Binary

Constraints
Cell Name Cell Value Formula Status Slack
$H$15 y1+y2<=1 $H$15<=1 Not Binding 1
$H$16 y1+y2<=1 $H$16<=1 Not Binding 1
$H$17 y1+y2<=1 $H$17<=1 Not Binding 1
$H$18 y1+y2<=1 $H$18<=1 Not Binding 1
$H$19 y1+y2<=1 $H$19<=1 Not Binding 1
$H$20 y1+y2<=1 $H$20<=1 Not Binding 1
$H$21 y1+y2<=1 $H$21<=1 Not Binding 1
$H$22 y1+y2<=1 $H$22<=1 Not Binding 1
$H$23 y1+y2<=1 $H$23<=1 Not Binding 1
$K$14 HS 125 $K$14>=$N$15 Not Binding 94.6
$K$15 S 125 $K$15>=$N$16 Not Binding 94.6
$K$16 S 125 $K$16>=$N$17 Not Binding 101
$K$17 S 125 $K$17>=$N$18 Not Binding 125
$K$18 S 125 $K$18>=$N$19 Not Binding 86.6
$K$19 S 125 $K$19>=$N$20 Not Binding 86.6
$K$20 S 125 $K$20>=$N$21 Not Binding 78.6
$K$21 S 125 $K$21>=$N$22 Not Binding 79.4
$K$22 S 125 $K$22>=$N$23 Not Binding 78.6
$F$15:$G$23=Binary
Assume NonNegative
per week production Production cost Current inventory Cost per unit
Shampoo (S) 100 225 125 2.25
Hand Sanitizers (H) 80 310 143 3.875

y1 =1 if S is produc y2=1 if H is produced


Week S demand H demand 1 0
1 55 38 0 0
2 55 38 1 0
3 44 30 0 0
4 0 0 0 1
5 45 48 1 0
6 45 48 0 1
7 36 58 0 1
8 35 57 1 0
9 35 58 0 1

Costs Minimise 1658.600625


Switiching cost
Variable cost of production
inventory
which line is runing

Inventory at the end of


the week starting from
week 0

At a time
either of
them canbe
produced Addition in production Production cost S H
y1+y2<=1 S H 125 143
0 0 0 0 0 70 105
1 100 0 225 0 115 67
0 0 0 0 0 71 37
1 0 80 0 310 71 117
1 100 0 225 0 126 69
1 0 80 0 310 81 101
1 0 80 0 310 45 123
1 100 0 225 0 110 66
1 0 80 0 310 75 88

4658.60063
Constraints
production weekend inventory> 0.8*next week demand
Switching cost if y11-y12=0 (y11-y12)500
production cost y1*Pc y2*PC
Inventory cost 0.195*production cost per unit*inventory at the weekend/12

Safety stock (0.8*next


week demand)

S H Inventory Cost S Inventory Cost H Switching varSwitching cos

44 30.4 4.5703125 5.2284375 1 500


44 30.4 2.559375 3.8390625 1 500
35.2 24 4.2046875 2.4496875 1 500
0 0 2.5959375 1.3528125 0 0
36 38.4 2.5959375 4.2778125 1 500
36 38.4 4.606875 2.5228125 1 500
28.8 46.4 2.9615625 3.6928125 0 0
28 45.6 1.6453125 4.4971875 1 500
28 46.4 4.021875 2.413125
nventory at the weekend/12

Weeks production cost

Excluding switching cost including switching cost

9.79875 509.79875
231.3984375 731.3984375
6.654375 506.654375
313.94875 313.94875
231.87375 731.87375
317.1296875 817.1296875
316.654375 316.654375
231.1425 731.1425

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