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Journal : Ranah Research : Journal of Multidisciplinary Research and Development

Analysis of Forecasting Demand for Wheel Loader Unit Rental Using the Arima Method to Determine Safety Stock Inventory and Service Level at PT Petrokopindo Cipta Selaras Maghfur, Maula Aringga; Tranggono, Tranggono
Ranah Research : Journal of Multidisciplinary Research and Development Vol. 7 No. 3 (2025): Ranah Research : Journal Of Multidisciplinary Research and Development
Publisher : Dinasti Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/rrj.v7i3.1368

Abstract

PT XYZ is a company engaged in the rental of heavy equipment such as excavators, forklifts, bulldozers, and Wheel Loaders. The problem faced is unpreparedness in dealing with fluctuations in demand, so there is often a backlog or excess inventory. This research aims to improve the accuracy of demand forecasting and determine safety stocks to anticipate these uncertainties. The research was conducted using historical data on Wheel Loader rental requests from September to November 2024. The data was processed using the ARIMA (Autoregressive Integrated Moving Average) method through several stages, namely stationarity testing, identification of ACF and PACF, model estimation, parameter testing, white noise test, and selection of the best model. The resulting significant model was ARIMA (3,1,1), with a MAPE error value of 21% (79% accuracy), an increase of 9% compared to the previous method with an error of 30%. The results of the calculation of safety stock to deal with fluctuations in demand at various service levels show that the need for 2,688 units at the 90% level, increased to 3,444 units at the 95% level, and reached 3,900 units at the 97% level. This study shows that the ARIMA method is able to improve the accuracy of forecasting and provide a better basis for determining safety stock in managing fluctuations in heavy equipment rental demand.
Co-Authors Adistana, Elen Al Masruroh, Eki Wulandari Alhisyam, Abid Bahij Alvin Hakim Ana Zul Fia Ardiansyah, Yuda Arier, Tivani Nava Arif, Firda Maulidiyah Ariffa, Anggelia Astutik, Rossa Lina Ayyub Ihza Gutawa Bagus Wicaksono Condro Winursito, Yekti Dicya, Bintara Putra Dirama, Romeo Putra Endang Pudji Widjajati Fasha I. Husna Fiki Marchel Perdana Firdausy, Fatimah Dewi Firmansyah, Aries Fitra, Nabila Jania Ghaly Atha Maulana Grandhika Pratama Widiyarta N. Harashta, Hafidz Raif Hayati, Kinanti Resmi Heru Prasetiyo Utomo Ilhami, Viga Aura Graziella Immannulloh, Dimas Islami, Mega Cattleya P.A. Islami, Mega Cattleya Prameswari Anissa Islami, Mega Cattleya Prameswari Annissaa Islamsyah, M Habibie Nur Joumil Aidil Saifuddin Larasati, Ayunda M. Zaenal Anshori Maghfur, Maula Aringga Masdhana, Bagus Wahyu Moch Adnan MT Safirin Muhammad Khoirul Hudha Mukhtarul Haqi, Muhamad Navisatul Izzah Nugraha, Isna Nugroho, Aldi Pramoedya Nur Lailatul Fitria Ovi Sadewa Prakosa, Albertus Adriyanto Sakti Pramesthi, Yanita Vidya Pramoedya Nugroho, Aldi Prasanto, Fadhil Aditya Prasetya, Reihan Rafly Prastiwi, Afita Dewi Putri, Pramisyela Adinda Rachmawati, Nur Radityo Anggoro, Radityo Rafi, Rafi Rahmadina, Gayatri Aleyda Ramadani, Deo Globy Rananda Saputra, Denaldi Rivero, Randy Romadoni, M Ilham Rusindiyanto Salsabila, Afitri Yoshinta Saputra, Denaldi Rananda Sari, Rizky Novita Sari, Rizqi Novita Sari, Rizqi Novita Sari Septiana, Giga Dewi Shania, Maulidhatus sholeha, fitriatus Sholehah, Fitriatus Sinta Dewi Siti Wahyu Nida Sonny Putri, Nanda Salsabilla Sukra, Rizka Triannisa Imasna sunardi sunardi Suparmo . Syaifullah, Hafid Teti Estiasih Vebryna, Esha Nanda Wibisono, Aldino Winursito, Yekti Condro Yoga Anunggita Yudantha, Georgius Erlangga Mahendra