how to solve multi product mix problems using excel
The product-mix problem and the investment problem can also be solved using Excel with the Premium Solver add-in. (The Premium Solver can be installed from the course CD.) Section 3.6 (pp. 67-72) in the text explains how to use the Solver.For a quick start, click on the following titles to view/download the Excel setups for these two problems: The Product-Mix Problem, The Investment Problem.Assignment No. 1.ote that. 1  In LINDO, the minute you use a variable in your model, it exists. 2  LINDO interprets the 3  . The objective function should not contain any constant. 4  All variables must appear on the left-hand side of the constraints, while numerical values must appear on the right-hand side of the constraints. 5  All variables are assumed to be nonnegative.