Factory Profit Optimizer Products
Products are used to define inputs and outputs of a process. You can create three types of resources: raw material, work in process and finished products.
Raw Material
Raw material is used as an input to a process. Create one for each raw material required for the manufacturing of a finished product.
When you add or double-click on a raw material, you get an option dialog where you can set different parameters.
Name: Define a unique name for this product.
Unit Measurement: Set the unit used to measure this raw material. You can choose from the list or create a custom one.
Unit Cost: Procurement cost of one unit of this raw material.
Work in Process
A work in process can be used as an input or output of a process. It is used to link different processes together.
When you add or double-click on a work in process, you get an option dialog where you can set different parameters.
Name: Define a unique name for this product.
Unit Measurement: Set the unit used to measure this work in process. You can choose from the list or create a custom one.
Finished Product
A finished product is used as output of a process. It represents the product that you sell to your customers.
When you add or double-click on a finished product, you get an option dialog where you can set different parameters.
Name: Define a unique name for this product.
Unit Measurement: Set the unit used to measure this finished process. You can choose from the list or create a custom one.
Selling Price (Unit) : Set the selling price for one unit of this finished product.
Quantity sold : Set the quantity, in units, sold by your company during the production period set in the general options. This is used to calculate current total sales and compare it to the optimal sales total.
Max Quantity : Set the maximal quantity, in units, that your company would be able to sell during the production period set in the general options. This is a market constraint that will be taken into account by the Factory Profit Optimizer. If you can sell as many of this finished product as you can manufacture, set it to a value large enough to not become a constraint.
Min Quantity : Set the minimal quantity, in units, that your company need to sell during the production period set in the general options. This is a market constraint that will be taken into account by the Factory Profit Optimizer. You should set it if you have prior engagements that require the fulfilment of a minimal amount quantity of this product. Set this value to 0 if there is no minimal market constraint.