The PRODMIX.lng Model
Product Mix with Setup Costs

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In a product mix model, the decision is how much of a number of different products should be produced to maximize total revenue. Each of the products compete for a number of scarce resources. In this example, we produce six different flying machines from six different raw materials. This model also has the feature that, should we produce a given product, we incur a fixed setup cost.

Keywords:
Break Even Point | Inventory | Product Management | Product Mix | Production | Sales | Transaction Costs