Operations Management and Information System Studies
Vol. 1 No. 2 (2021): Operations Management and Information System Studies

Inventory control analysis using economic order quantity with discount factor

Annisa Wahyuni (Universitas Negeri Padang)
Gesit Thabrani (Universitas Negeri Padang)



Article Info

Publish Date
12 Jul 2021

Abstract

This study aims to calculate the stock determination and arrange the stock size using the economic order quantity (EOQ) technique with the discont factor at PT. Primajaya Maju Bersama Padang and calculate the minimum cost of shares using a different EOQ procedure. This exam is a graphic exploration (enlightenment). Important information is gathered through perceptions, meetings and writing audits. Requesting information from the last three years is used to estimate interest by applying the linear trend technique, winter strategy, and exponential smoothing. In addition, anticipated demand information will be used to plan merchandise requirements with EOQ. The consequence of this investigation shows that the exponential smoothing strategy is the best technique to use in anticipating demand in 2020. The exponential smoothing technique is used to ensure the least cost of stock and costs. With the economic order quantity (EOQ) method with discount factor, the total cost is 240,818,176 IDR.

Copyrights © 2021






Journal Info

Abbrev

omiss

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

The aim of this journal is to publish articles dedicated to the latest outstanding developments in the fields of operations management and information system studies. This journal encompasses operational management and information systems, business decisions, processes, and activities within the ...