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All Journal Indonesian Journal of Business Analytics (IJBA)
Tesalonika F. Dagi
Universitas Sam Ratulangi
Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Raw Material Inventory Analysis Using the Economic Order Quantity (EOQ) Method To Maximize Profits at UD. Panca Putra Tesalonika F. Dagi; Jenny Morasa; Victorina Z. Tirayoh
Indonesian Journal of Business Analytics Vol. 3 No. 1 (2023): February 2023
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijba.v3i1.3307

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%.
Co-Authors Jenny Morasa Victorina Z. Tirayoh