Indonesian Journal of Business Analytics (IJBA)
Vol. 3 No. 1 (2023): February 2023

Raw Material Inventory Analysis Using the Economic Order Quantity (EOQ) Method To Maximize Profits at UD. Panca Putra

Tesalonika F. Dagi (Universitas Sam Ratulangi)
Jenny Morasa (Universitas Sam Ratulangi)
Victorina Z. Tirayoh (Universitas Sam Ratulangi)

Article Info

Publish Date
01 Mar 2023

Abstract

UD. Panca Putra carries out production by considering the costs that will come out in order to obtain maximum profit. One of the costs considered is the cost of raw material inventory. The purpose of this study is to determine the cost of raw material inventory UD. Panca Putra and to maximize company profits by using the Economic Order Quantity (EOQ) method and to find out how much the company's profit has increased by using the Economic Order Quantity (EOQ) method at UD. Panca Putra. The analytical method used is descriptive. The results of this study indicate that by using the Economic Order Quantity (EOQ) method, company profits have increased by 1.3%.

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Journal Info
Indonesian Journal of Business Analytics (IJBA)
Website

Abbrev

ijba

Publisher

PT FORMOSA CENDEKIA GLOBAL

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Indonesian Journal of Business Analytics (IJBA) is a peer-reviewed journal providing a space for both practitioners and academics for disseminating research results that work in Business Analytics and related fields. IJBA provides an outlet for the increasing flow of interdisciplinary research ...