News By Tag Industry News News By Place Country(s) Industry News
| ![]() Small Manufacturing Businesses Benefit from Profit Optimization Software Running OPTIMIZE AlgorithmA new software targeting small-scale manufacturers engaged in manual production processes helps determine production factors like profit, cost of production (cost price) and throughput while also showing how to increase profits and lower costs.
By: OPTIMIZE Software The creator of the breakthrough solution, Monty Dimkpa, a successful mechanical engineer, described the new solution as “a way for anyone who runs a small business to know their bottom line in terms of basic production factors like cost price, throughput and profit, while also simulating the effects of adding labor which include increase in production, increase in profits, and reduction of cost of production, among others.” The OPTIMIZE algorithm describes a universal approach to determining profits and other production factors for small businesses running mainly manual production processes involving labor. With an increasing demand that is higher than current throughput, optimization of production and profits can be achieved by increasing labor, and the OPTIMIZE algorithm on which the software is based, shows the manufacturers how production outcomes improve (significantly) The software is easy to use, and available to anyone regardless of area of operation – from a roadside hotdog vendor to a startup coffee retailer. The OPTIMIZE software is currently priced at $250. No license or registration is required, and users can install and run anywhere. For more information on how to receive a copy or for other inquiries, please leave a message at http://biz.prlog.org/ Interested businesses can also visit the OPTIMIZE Facebook page at http://www.facebook.com/ End
|
| |||||||||||||||||||||||||||||||||||||||||||||||||