I am work on determining the better use of a 120" or 240" Stock length. I have about 12 different parts to cut, all different sizes. Is there a simple excel formula or table that can do this?
In principle, 240 is always better, because every solution you have for 120 stocks can be produced from 240 stocks too, by cutting first each piece into two halves. This is a computationally hard problem (see https://en.wikipedia.org/wiki/Bin_packing_problem). There are a few approximate solvers. It took this one: https://www.codeproject.com/Articles/706136/Csharp-Bin-Packing-Cutting-Stock-Solver and it produced a solution (probably not the optimal one, but close to it), which gives about 3% of scrap from 240 stocks. The program is fairly easy to use, it can acommodate price differences between the stocks. Please let me know if you encounter any problems.
I need to tell if I should be order 120 or 240. The 240 may not always be better. I understand that I cut 240 in half and get 120. But if I have ones that I get less scrap from a 120 then a 240, I can order different quantities of the different lengths.
Use the program I suggested and look what it computes. For the sizes you sent me it uses 11 pieces 240 each and produces about 3% scrap, which is roughly 80, in small pieces. Therefore there is no chance that you order 21 pieces 120 each and save on price of one 120 piece.
We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel
Which adblocker are you using?
Disable AdBlock
Follow these easy steps to disable AdBlock
1)Click on the icon in the browser’s toolbar. 2)Click on the icon in the browser’s toolbar. 2)Click on the "Pause on this site" option.
Go back
Disable AdBlock Plus
Follow these easy steps to disable AdBlock Plus
1)Click on the icon in the browser’s toolbar. 2)Click on the toggle to disable it for "mrexcel.com".
Go back
Disable uBlock Origin
Follow these easy steps to disable uBlock Origin
1)Click on the icon in the browser’s toolbar. 2)Click on the "Power" button. 3)Click on the "Refresh" button.
Go back
Disable uBlock
Follow these easy steps to disable uBlock
1)Click on the icon in the browser’s toolbar. 2)Click on the "Power" button. 3)Click on the "Refresh" button.