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All Journal CAUCHY: Jurnal Matematika Murni dan Aplikasi AdMathEdu : Jurnal Ilmiah Pendidikan Matematika, Ilmu Matematika dan Matematika Terapan Kubik Jurnal Sains Matematika dan Statistika Edumatsains NUMERICAL (Jurnal Matematika dan Pendidikan Matematika) Sinkron : Jurnal dan Penelitian Teknik Informatika Desimal: Jurnal Matematika BAREKENG: Jurnal Ilmu Matematika dan Terapan Justek : Jurnal Sains Dan Teknologi JURNAL TEKNIK INFORMATIKA DAN SISTEM INFORMASI Zeta - Math Journal Jurnal Pendidikan Matematika (JUDIKA EDUCATION) NUSANTARA : Jurnal Ilmu Pengetahuan Sosial Zero : Jurnal Sains, Matematika, dan Terapan AXIOM : Jurnal Pendidikan dan Matematika JURNAL MathEdu (Mathematic Education Journal) Saintifik : Jurnal Matematika, Sains, dan Pembelajarannya M A T H L I N E : Jurnal Matematika dan Pendidikan Matematika Math Educa Journal Progresif: Jurnal Ilmiah Komputer JURNAL PEMBELAJARAN DAN MATEMATIKA SIGMA (JPMS) Proximal: Jurnal Penelitian Matematika dan Pendidikan Matematika JOURNAL OF INFORMATION SYSTEM RESEARCH (JOSH) Community Development Journal: Jurnal Pengabdian Masyarakat Theta : Jurnal Pendidikan Matematika Jurnal Lebesgue : Jurnal Ilmiah Pendidikan Matematika, Matematika dan Statistika Jurnal Pengabdian kepada Masyarakat Nusantara KUBIK: Jurnal Publikasi Ilmiah Matematika FARABI: Jurnal Matematika dan Pendidikan Matematika Algebra : Jurnal Pendidikan, Sosial, dan Sains Mathematics and Applications (MAp) Journal Humantech : Jurnal Ilmiah Multidisiplin Indonesia Jurnal IPTEK Bagi Masyarakat Journal of Mathematics and Scientific Computing With Applications Relevan Jurnal Informatika Teknologi dan Sains (Jinteks) Edu Society: Jurnal Pendidikan, Ilmu Sosial dan Pengabdian Kepada Masyarakat Prisma Sains: Jurnal Pengkajian Ilmu dan Pembelajaran Matematika dan IPA IKIP Mataram Bulletin of Applied Mathematics and Mathematics Education International Conference on Sciences Development and Technology JS (Jurnal Sekolah) Jurnal Bayesian : Jurnal Ilmiah Statistika dan Ekonometrika JME APPA : Jurnal Pengabdian Kepada Masyarakat Faedah: Jurnal Hasil Kegiatan Pengabdian Masyarakat Indonesia Jurnal Pengabdian Masyarakat Algebra Indonesia Bergerak: Jurnal Hasil Kegiatan Pengabdian Masyarakat Relevan : Jurnal Pendidikan Matematika
Riri Syafitri Lubis
Universitas Islam Negeri Sumatera Utara, Medan, Indonesia
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Journal : Bulletin of Applied Mathematics and Mathematics Education

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Comparison of continuous review system method and min-max method in soybean inventory control Syafitri, Ellysa; Lubis, Riri Syafitri
Bulletin of Applied Mathematics and Mathematics Education Vol. 4 No. 2 (2024)
Publisher : Universitas Ahmad Dahlan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12928/bamme.v4i2.11670

Abstract

This study aims to compare the effectiveness of two inventory control methods, namely continuous review system and min-max in controlling soybean raw material inventory in tofu production. The continuous review system method is an inventory control system where raw material inventory is checked continuously while the min-max method is a method that maintains raw materials between the minimum and maximum limits. The data used are data on soybean raw material inventory and needs at the Ali Musa tofu factory in Serdang Bedagai Regency, Indonesia. Based on the results of the analysis of total inventory costs using the continuous review system method, it is IDR 418,978,693 in 2021 and IDR 430,271,763 in 2022. While the total inventory cost using the min-max method is IDR 366,272,031 in 2021 and IDR 367,964,100 in 2022. While the company uses IDR 429,321,708 in 2021 and IDR 445,381,200 in 2022. From the calculations above, the min-max method is more effective in reducing total inventory costs with infrequent ordering frequencies. Since orders are not made regularly, this strategy reduces the number of soybean orders and reduces the cost of ordering. When the reorder limit is reached, the company will place the order. The choice of inventory control method must be adjusted to the needs and operational characteristics of the company. The continuous review system method is better for companies with high and fluctuating raw material needs, while min-max can be used for companies with more stable raw material needs. The findings and the method used in this study could be beneficial for the factory to organize its inventory efficiently.
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