If this is going to be a scale model, lets find some facts...
If 12cm is used as the sun radius (radius of the sun = 695,500 kilometers... lets just call it 700,000km), the Earth which is 1 Astronomical Unit (149,598,000km) would be about 150,000,000/700,000 = ~215. 215 times 12cm = 2580cm or 84 feet away.
A better way (IMO, of course) to do this would be to throw out the accuracy of the planet/sun sizes and just worry about distance from the sun. If you say the distance from the Sun to the Earth is 1 AU and have THAT be 12cm, you can scale all the rest once you find out how far each of the other planets are from the sun (using this page for example:
http://www.windows.ucar.edu/tour/link=/kids_space/distance.html
)
So, if 1 AU = 12 cm, and it says Saturn is 9.5 AU away from the Sun. that means Saturn should be placed 9.5 times 12 = 114 cm away. Still way too far for a model!
If nothing else, I hope the link I provided will help.