Generic Optimization mix model
Posted: Mon Mar 20, 2017 6:54 pm
Hi,
I'm a Vensimuser and I'm having some trouble creating an optimization model. I wanted to know if maybe Ventity might be the solution. Right now I'm are trying to create a generic mix optimization model with the following features:
- Multiple raw materials from multiple sources
- Multiple plants and lines and products
- Products with different receipts (using the raw materials)
- Products with different marginal value depending on the markets/plants/lines
- Mix evolution over time (months) considering stocks, demand and production
- Multiple constraints on:
o Min/max raw materials per source
o Min/max production per line/product (considering tons/h and total hours per product/line)
o Min/max stocks
o Min/max sales per product/market
Could you provide any insight into whether this is possible using Ventity vs Vensim? I posted on the Vensim forum and it seems like putting constraints on a multi-dimensional model like this is impractical in Vensim.
I'm a Vensimuser and I'm having some trouble creating an optimization model. I wanted to know if maybe Ventity might be the solution. Right now I'm are trying to create a generic mix optimization model with the following features:
- Multiple raw materials from multiple sources
- Multiple plants and lines and products
- Products with different receipts (using the raw materials)
- Products with different marginal value depending on the markets/plants/lines
- Mix evolution over time (months) considering stocks, demand and production
- Multiple constraints on:
o Min/max raw materials per source
o Min/max production per line/product (considering tons/h and total hours per product/line)
o Min/max stocks
o Min/max sales per product/market
Could you provide any insight into whether this is possible using Ventity vs Vensim? I posted on the Vensim forum and it seems like putting constraints on a multi-dimensional model like this is impractical in Vensim.