Key to Success # 4 – Advanced Excel Process Optimization

Advanced Process Optimization Scheduling. Create computer models that mirror your business flows with Process.xla. Calculate the optimized scheduling of materials and resources which maximise profits. Use Process Flow to work with your line managers on each business step for scheduling the the highest optimization of scarce resources.

Process.xla supplies you with a short cut to create an infinite number of economic processes (Add Process) whch can then be analyzed and optimized. You can define your company activities, health care operations, distribution network (and all others), input materials & resources and calculate net profits at any level or mix of resources (Process Economics). You can optimize resource mix (for maximum profits) either within quantities of materials available, or add materials, or add resources and increase profits. Process supplies the computational framework for resource allocations described in this definition of Process Analysis, and applies Little's Law for improved efficiencies by calculating reducing cycle (waiting) times.

Process applies linear programming calculations to find the maximum arrangement (mix) of resource and material allocations. There is no need to understand linear programming; the software creates the arrays to calculate the maximized solutions.

With Process you can create an infinite number of analysis tables with differing inputs.

Create Process Optimizations...

The two examples below show an analysis of a motel operation searching for the optimum allocation of resources between two different customer types, each requiring differing resources, and to uncover any resource bottlenecks that are restricting income.

The Process table sizes are flexible. You can add as many extra process rows as you want to the tables via the Add Process dialog form. The screen images show only a sample of possible solution tables that can be constructed with Portfolio.xla. The instruction arrow directions in the screens below are supplied by the Instructions template, not by the add-in. The colored cells within the tables are calculated values.

Motel 1.

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Motel 1 optimization

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Motel Two – Comparing the resources required for Business and Family customers.

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The program finds where the resource bottleneck is located.

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You can optimize your business process flow by maximizing the resources available now. You start by defining the optimization table you want to create with the Add Process dialog:

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The process schedule displayed below displays the step by step resource utilization table.

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The optimization schedule is calculated and displayed below.

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Optimize resources by clicking Build LP model. You choose one of three optimization options.

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New Versions

New versions of the add-ins are released constantly. The screens above may have been improved beyond the images provided on this page. Refer to the instruction templates for description of added features and improvements. Buyers of our Add-In Collections receive upgrades automatically.

Single or Multi System Editions

Solutions (and functions) are linked to the add-in that creates them. When opened on another computer the reference includes a path to the add-in located on the originating system. Multi system editions provide a Links/Freeze function. Links/Freeze allows you to Freeze the output results created by system 1, copy to another system 2 with the add-in installed, then all outputs display in 2 (and systems 3, 4, 5, etc.). To run this add-in on several systems (work, laptop and at home) you need the multi system edition.

Add-In Menus

The add-in menu on this page is available in Mac versions of Excel. In Windows Excel, the add-in installs into the PJ_MLNS menu which is located on the toolbar. The add-in menu as shown does not display in Windows Excel.

Operations Management Excel Add-ins

New Excel add-ins provide ready made solution models for forecasting, business economics, portfolio optimization, business resource optimization and material planning that you can use as in business and investing. Powerful new tools for operations management.

Keys to Success # 1. Forecasting.xla. To develop forecasts with a high level of accuracy gives you the a key to successful business planning. Use Forecast.xla and produce fast and accurate time series forecasts incorporating best fit equations (choose the most accurate forecasting model) using moving averages, exponential smoothing, regression and exponential smoothing with a trend (double exponential smoothing).

Keys to Success # 2. Investment Economics.xla. To be able to forecast investment returns with a high level of accuracy gives you a key to achieving successful business investments. Economics.xla produces fast and accurate financial models that determine the time value of money returns from your business investment projects. Provides Net Worth & IRR calculations, pay back. Compare an infinite number of alternative projects.

Keys to Success # 3. Portfolio (investments optimization).xla. To learn how to balance acceptable risk with real measured rates of return from stocks held in any securities portfolio successfully gives you a key to successful investing. Portfolio.xla optimizes portfolios (percentage holdings for a mix of stocks) for any number of securities using LP (linear programming) optimization software. No knowledge or experience with linear programming is required (the add-in creates the model and solves for the maximized solution).

Keys to Success # 4. Process Flow (Materials and Resources optimization).xla. Plan for maximum profits, locate resource bottlenecks, defines current constraints on materials or resources on hand using Process.xla. Process.xla gives you the key for business success using LP (linear programming) optimization software to calculate the maximum profit process flow. No knowledge or experience with linear programming is required (the add-in creates the model and solves for the maximized solution). Process.xla constructs materials and resource flow models that mirror your operations, locates bottlenecks, finds most profitable utilization of materials and resources.

Keys to Success # 5. MRP.xla.. The MRP add-in create dynamic materials requirement planning (MRP) spreadsheets and tables that optimizes the least cost solution for users' manufacturing requirements. Including material purchasing, defines minimum inventory levels, least cost production scheduling. No previous experience with MRP is required. The add-in creates the MRP spreadsheets. Instructional templates guides and tutorial examples included.

 

System Requirements

Requires MS Excel 97 or later

Platform : Windows XP/Me/9x/NT/2000/2003 or Mac OS

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