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The amount of storage used equals the sumproduct of the range C8:E8 and OrderSize. Insert the following three SUMPRODUCT functions.Įxplanation: The amount of capital used equals the sumproduct of the range C7:E7 and OrderSize. To make the model easier to understand, create the following named ranges. What is the overall measure of performance for these decisions? The overall measure of performance is the total profit of the three products, so the objective is to maximize this quantity.Ģ. For example, each bicycle uses 300 units of capital and 0.5 unit of storage.Ĭ. What are the constraints on these decisions? The constrains here are that the amount of capital and storage used by the products cannot exceed the limited amount of capital and storage (resources) available. What are the decisions to be made? For this problem, we need Excel to find out how much to order of each product (bicycles, mopeds and child seats).ī. To formulate this linear programming model, answer the following three questions.Ī. The model we are going to solve looks as follows in Excel.ġ. You can find the Solver on the Data tab, in the Analyze group. Under Add-ins, select Solver Add-in and click on the Go button.Ĥ. We're here to help - contact us if you'd like more information or advice on your application.2. When you see the Solver Parameters dialog box, click the Solve button to find the optimal solution. On each example worksheet, read the description at the bottom, then select Solver on the Data tab in Excel 2007, or Tools Solver.

Troops - Workforce Movement: Decide how many troops to move from several camps to several other bases, to minimize movement time or total cost.

HireFire - Workforce Composition: Decide how many employees to retrain, hire and fire to meet changing workforce composition requirements while minimizing costs or employee turnover.

Sched3 - Employee Scheduling with Seniority and Preferences: Schedule park employees for weekly "shifts" to minimize payroll costs while meeting demand, taking into account employee seniority and preferences.

Sched2 - Employee Scheduling with Preferences: Schedule park employees for weekly "shifts" to minimize payroll costs while meeting demand and maximizing employee preferences.

#Excel solver examples staffing revenue expenses plus

Sched1 - Employee Scheduling: Schedule park employees for weekly "shifts" (five works days plus two consecutive days off) to minimize payroll costs while meeting varying demand for each day of the week.

Offices - Office Assignment: Assign employees to available offices to maximize satisfaction of employee preferences.

Crew - Crew Scheduling: Assign crews to different airline flight segments to minimize total cost while ensuring that a crew "rotation" begins and ends in the same city.

Or, if you would prefer to view the examples in your browser, rather than in Excel, click the links below.

#Excel solver examples staffing revenue expenses upgrade

You can then actually solve these small example models in Excel, using the standard Excel Solver, Analytic Solver Upgrade or Analytic Solver Optimization.

Right-click Scheduling Examples.xls and select Save Target As.

#Excel solver examples staffing revenue expenses download

To download and save the workbook if you are using Excel 2003 or earlier: Right-click Scheduling Examples.xlsx and select Save Target As.

Solving your real problem may require "scaling up" the model to include more variables and constraints - but rest assured that you can solve your full-size problem with the power of our Excel Solver upgrades, even if it requires hundreds of thousands of variables! To download and save the workbook if you are using Excel 2007 or later: You can use the worksheet that most closely models your situation as a starting point. Click the model names to display each worksheet model in your browser.

#Excel solver examples staffing revenue expenses free

This free workbook contains seven example models from personnel scheduling.