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I am an application developer and need to create a computer application which output should be the best possible combination of orders that would fit in a a metal stick.

I have tried by sorting the order qty in descending order, but found

that this approach was very simplistic. I need to know if there is

any Math model or formula to make this calculation.

Example of what I need to accomplish:

I have a metal sticks of 2100 MM (Stick are always the same length)

The orders could be of different lengths:

1210 MM

860 "

320 "

650 "

540 "

The goal is to cut the orders using the 2100 MM stick by scrapping the list qty of material. In this case the ideal recomendation would be:

STICK LENGTH: 2,100 MM

===========================================

To cut the stick like this: One order: 1,210 MM &

One order: 860 MM

Total qty used: 2,070 MM

Scrap Qty: 30 MM

Someone recomended me to use the Monte Carlo simulation, but I found

that this will not work for this scenario. Someone else told me this would be a combinatory analysis, but I am not sure either of this one.

I hope you can point me to the right direction.

Thanks,

Roddy.

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# Creating an Optimizer - What is the correct Math Model or formula to use ?

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