Least Cost Solver
Least Cost Solver & Formulation Software
Least cost formulation is a process that most cost-cutting manufacturers desire in their process manufacturing software - but it's only as effective as the software engine backing up the process. The EVS Least Cost Solver ensures maximum profit on your manufacturing items by determining the least cost formulation of existing materials and by improving efficiency and minimizing costs for your manufacturing runs.
The EVS Least Cost Solver software enables you to specify a production requirement such as a batch of product and its characteristics. This comprehensive tool can easily and quickly identify the set of raw materials, each with it's set of characteristics and the associated unit cost, and provide a cost analysis for your produced goods. You can prepare least cost formulations while setting limits on a variety of properties. In addition, the Least Cost Solver can handle user defined simple and complex attributes.
The Least Cost Solver is able to evaluate the desired chemistry of a product and quickly come up with a formula that reduces costs and meets desired specifications. Least cost formulation will tell you what raw materials, from which lots, to mix together to meet your required production specification and quantity - for the least cost.
While other systems may have a heuristic method of recommending lots, EVS' Least Cost Solver software provides a true mathematical least cost by selecting lots and items that achieve the target attributes, while minimizing the cost. In addition, the Least Cost Solver can handle user defined simple and complex attributes.