Management Analysis Journal
Vol 8 No 3 (2019): Management Analysis Journal

EFFICIENCY OF RAW MATERIAL USING THE ECONOMIC ORDER QUANTITY METHOD

Cahyani, Gita (Unknown)
Slamet, Achmad (Unknown)



Article Info

Publish Date
20 Sep 2019

Abstract

Optimal supply of raw materials is an important factor in the fluency of the production process in a company. Reviews These raw materials can be controlled by using eertain methods, one of that is a Economic Order Quantity (EOQ) method roomates has a better level of calculation accuracy than conventional methods. This study is quantitative research, the which has a goal to examine more deeply about the use of methods quantiy Economic Order (EOQ) in the cantrol af raw materials companies Brownies Burn Lyn's. The result Showed the optimal inventory of raw materials flour using EOQ method is 2445kg with a frequency of purchase as 5 times, safety stock is 248kg and ROP done at the time the raw material warehouse at 338kg and TIC Rp 2.945.963.00 optimal supplies of sugar with EOG method is 2998 kg, with a frequency of purchive as 6 uimes safety stock is 330 kg and ROP should be done at the time the raw 450kg while the TKR Rp3,46l 934,00.The quantity of supplies raw material warehouse material with EOG method is more efficient than the company conventional method inventary optimal inventory and total cost savings can be Obtained by the method of EOO so the company can gain the maximum profit. For the furture Similar themes of research on the subject of using optimal inventory in micro and medium enterprises is expected to compare with methods of optimal order invetory in order to Obtain more effective and efficient result.  

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Journal Info

Abbrev

maj

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Management Analysis Journal (MAJ) is an open-access electronic journal focusing on scientific work on the field of business. This journal applies the theory developed from business research and connects it to actual business situations. The articles within this journal are published quarterly ...