scholarly journals Application of the Economic Order Quantity (EOQ) Method in Analyzing Rice Inventory Control.

2021 ◽  
Vol 10 (1) ◽  
pp. 1-8
Author(s):  
Artika Lestari Taraja
Keyword(s):  
Inventory Control ◽  
Inventory Management ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Optimum Level ◽  
Order Quantity ◽  
Total Cost ◽  
Inventory Costs

Problems that often occur in the trading business include excess merchandise inventory and insufficient merchandise inventory. In overcoming these problems, inventory management is needed to analyze the optimum level of inventory. The Economic Order Quantity (EOQ) method can answer the problems that are often experienced by these trading businesses. The total cost of merchandise inventory according to UD. Benget Do is IDR 83,644,065, - while according to the Economic Order Quantity (EOQ) method, it is IDR 34,345,694.93. It is proven that the number of orders is more optimal with the Economic Order Quantity (EOQ) method with savings in inventory costs of 41% of company costs.

scholarly journals Comparative Inventory Control Analysis With Economic Order Quantity (Eoq) And Just In Time Method To Minimize Inventory Costs At UD.Melati Jaya

2021 ◽  
Vol 5 (1) ◽  
pp. 1-7
Author(s):  
KHAIRUNNISA ALMADANY
Keyword(s):  
Inventory Control ◽  
Control Method ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Just In Time ◽  
Control Analysis ◽  
Order Quantity ◽  
Total Cost ◽  
Inventory Costs ◽  
The Cost

The research discusses how To Compare Inventory Control Analysis With Economic Order Quantity (EOQ) Method and Just In Time (JIT) Method To Minimize Inventory Costs At UD. Melati Jaya. This study discusses a comparative analysis of the Economic Order Quantity method and the Just In Time method to minimize inventory costs at UD. Jasmine jaya. The data analysis method used is descriptive qualitative method with comparative research that compares the Econimic Order Quantity (EOQ) method with the Just In Time (JIT) method to the cost efficiency at UD. Melati Jaya. The analysis results from the comparative calculation of inventory control show that the Just In Time Inventory Control method is more appropriate to be applied to Ud. Melati Jaya because the total cost of the inventory is smaller than the total cost of the inventory when using the Economic Order Quantity (EOQ) method.

Sistem Informasi Pengendalian Persediaan Barang Menggunakan Metode Economic Order Quantity (EOQ)

IJAcc ◽  
2020 ◽  
Vol 1 (2) ◽  
pp. 132-139
Author(s):  
Erna Astriyani ◽  
Desy Apriani ◽  
Meri Mayang Sari
Keyword(s):  
Control System ◽  
System Design ◽  
Inventory Control ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Control System Design ◽  
Order Quantity ◽  
Microsoft Excel ◽  
Total Cost ◽  
Control Information

The system that is currently running in recording inventory at PT Berlina Tbk Tangerang is considered ineffective and efficient because it still uses paper and the process of inputting and recapping goods data is semi-computerized in Microsoft Excel. which causes problems, namely too much stock of goods so that it increases the load in the warehouse and too little stock of goods which results in an exhaustion of stock in the warehouse. To solve this problem, we need an inventory control information system. The method of analysis uses the EOQ (Economic Order Quantity) method. For the system design process using sublime as the writing language and programming PHP, and XAMPP as localhost, the database uses MySQL. This study aims to design an inventory control system in the HRD department at PT Berlina Tbk Tangerang, and to make it easier for the HRD Department to input and create inventory reports. With this research, it can produce an inventory control system design that is more effective and efficient and can find out the storage costs in the warehouse. From the calculation of the EOQ method, it is found that it is 20% smaller than the previous storage and the total cost of ordering in a year is 2x orders. Thus, it means that there is a very real difference between the inventory policies implemented by the company and the EOQ method.

scholarly journals ANALISIS PENGENDALIAN PERSEDIAAN BAHAN BAKU PADA UD. MIE STEVEN KAROMBASAN KOTA MANADO

2017 ◽  
Vol 13 (3A) ◽  
pp. 251
Author(s):  
Megawati ., Sengkeunaung ◽  
Tommy F. Lolowang ◽  
Nordy F.L. Waney
Keyword(s):  
Inventory Control ◽  
Secondary Data ◽  
Raw Material ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Primary Data ◽  
The Internet ◽  
Order Quantity ◽  
Inventory Cost ◽  
Total Cost

This research aims to analyze raw material inventory at UD. Mie Steven. This research was conducted for four months from January to April 2017. The data used in this research are primary and secondary data. Primary data obtained through interviews with the company, while secondary data obtained from data that has been compiled in the form of documents from the company, data from BPS, previous research or from the internet. The data is processed using EOQ (Economic Order Quantity) method. The result of the research is known that the policy of raw material inventory control is done by UD. Mie Steven is not efficient yet. This is shown by the company's inventory cost is bigger than the result of analysis using EOQ method is 6,693 Kg with total cost of economical inventory Rp.11.325.500.

scholarly journals PERENCANAAN DAN PENGENDALIAN PERSEDIAAN BAHAN BAKU PAIL CAT MENGGUNAKAN METODE MATERIAL REQUIRMENT PLANNING (MRP) PADA PT. XYZ

JUMINTEN ◽  
2020 ◽  
Vol 1 (4) ◽  
pp. 163-172
Author(s):  
Vify Elviana ◽  
Akmal Suryadi
Keyword(s):  
Inventory Management ◽  
Consumer Demand ◽  
Raw Materials ◽  
Raw Material ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Order Quantity ◽  
Material Requirements Planning ◽  
Total Cost ◽  
Material Requirements

Persediaan merupakan aset perusahaan yang memiliki peran penting dalam operasi bisnis, sehingga perusahaan penting untuk melakukan manajemen persediaan yang baik, artinya perusahaan harus mampu mengantisipasi kendala maupun tantangan yang ada dalam pengelolahan persediaan untuk meminimalisasi total biaya yang harus dikeluarkan oleh perusahaan. Permasalahan yang timbul pada persediaan bahan baku di PT XYZ adalah perusahaan melakukan perencanaan dan pengendalian bahan baku hanya berdasarkan pada pengalaman-pengalaman sebelumnya dan tidak berdasarkan pada metode yang sudah baku. Oleh karena itu pembelian bahan baku tidak sesuai dengan permintaan konsumen. Hal tersebut sering menyebabkan terjadinya kelebihan maupun kekurangan stok bahan baku. Kesalahan dalam penentuan besarnya investasi dalam persediaan akan mengurangi keuntungan perusahaan. Adanya persediaan bahan baku yang terlalu besar, akan menambah beban biaya pemeliharaan dan penyimpanan dalam gudang, serta kemungkinan terjadinya penurunan kualitas bahan baku yang dapat menyebabkan berkurangnya keuntungan perusahaan. Namun jika persediaan bahan baku terlalu sedikit maka akan berakibat pada terhambatnya proses produksi, sehingga tidak terpenuhinya permintaan konsumen. Hasil penelitian ini dapat menyimpulkan bahwa perencanaan kebutuhan bahan baku dengan metode perusahaan didapatkan total cost sebesar Rp 1.796.762.429,-, sedangkan metode Material Requirements Planning (MRP) didapatkan total cost sebesar Rp 1.576.011.801,-. Maka dapat disimpulkan telah terjadi penurunan total cost seluruh bahan baku sebesar 12,28%. Hal ini membuktikan bahwa metode Material Requirements Planning (MRP) lebih efisien daripada metode PT. XYZ. Oleh karena itu untuk mendapatkan total cost yang minimum, metode Material Requirements Planning (MRP) diterapkan pada periode Februari-Juni 2020 sehingga didapatkan total cost sebesar Rp 1.576.011.801,-. Kata Kunci:         Material Requirements Planning (MRP), PT XYZ, Pail Cat, Economic Order Quantity (EOQ), Period Order Quantity (POQ), Lot For Lot (LFL). ABSTRACT                     Inventory is a company asset that has an important role in business operations, so the company is important to conduct good inventory management, meaning that the company must be able to anticipate obstacles and challenges that exist in managing inventory to minimize the total cost to be incurred by the company.The problem that arises in the supply of raw materials in PT XYZ is that the company plans and controls raw materials based only on previous experiences and not based on established methods. Therefore, the purchase of raw materials is not in accordance with consumer demand. This often leads to excess or shortage of raw material stock. Mistakes in determining the amount of investment in inventories will reduce company profits. The availability of raw materials that are too large, will add to the burden of maintenance and storage costs in the warehouse, as well as the possibility of a decline in the quality of raw materials that can lead to reduced company profits. However, if the supply of raw materials is too little, it will result in obstruction of the production process, so that consumer demand is not fulfilled. The results of this study can conclude that the planning of raw material needs by the company method obtained a total cost of Rp 1,796,762,429, - while the Material Requirements Planning (MRP) method obtained a total cost of Rp 1,576,011,801, -. Then it can be concluded that there has been a decrease in the total cost of all raw materials by 12.28%. This proves that the Material Requirements Planning (MRP) method is more efficient than the PT. XYZ. Therefore, to get the minimum total cost, the Material Requirements Planning (MRP) method was applied in the February-June 2020 period so that a total cost of Rp 1,576,011,801 was obtained.   KeyWords: Material Requirements Planning (MRP), PT XYZ, Pail Cat, Economic Order Quantity (EOQ), Period Order Quantity (POQ), Lot for Lot (LFL).

scholarly journals Analisis Pengendalian Persediaan Bahan Baku dengan Menerapkan Metode EOQ (Economic Order Quantity) pada PT. Jatisari Furniture Work

2021 ◽  
Vol 5 (1) ◽  
pp. 215
Author(s):  
Arga Sutrisna ◽  
Rizki Ginanjar ◽  
Suci Putri Lestari
Keyword(s):  
Production Costs ◽  
Raw Material ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Analysis Tool ◽  
Order Quantity ◽  
Inventory Cost ◽  
Total Cost ◽  
Inventory Costs ◽  
Total Inventory

This research objectives aims to determine and analyze raw material inventory control, the ideal raw material inventory that the company must provide and the efficiency of production costs carried out by Jatisri Furniture Work in Tasikmalaya for the period 2018.11 – 2020.02. The data collection method in this study is by direct observation at Jatisari Furniture Work in Tasikmalaya. Using techniques such us interviews, observation, and documentation. These observations were made in production reports for the years 2018 – 2020. The analysis tool was carried out using the Economic Order Quantity (EOQ) method such us safety stock, reorder point, and total inventory cost. The result of the Economic Order Quantity (EOQ) analysis show that the total cost of raw the material inventory that must be incurred by the company is greater than the total cost of inventories calculated according to the EOQ method. Companies should follow the calculations from the EOQ method so that they can save on raw material inventory costs, so that production costs are more efficient.

Sistem Informasi Pengendalian Persediaan Barang Menggunakan Metode Economic Order Quantity (EOQ)

IJAcc ◽  
2020 ◽  
Vol 1 (2) ◽  
pp. 132-139
Author(s):  
Erna Astriyani ◽  
Desy Apriani ◽  
Meri Mayang Sari
Keyword(s):  
Control System ◽  
System Design ◽  
Inventory Control ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Control System Design ◽  
Order Quantity ◽  
Microsoft Excel ◽  
Total Cost ◽  
Control Information

The system that is currently running in recording inventory at PT Berlina Tbk Tangerang is considered ineffective and efficient because it still uses paper and the process of inputting and recapping goods data is semi-computerized in Microsoft Excel. which causes problems, namely too much stock of goods so that it increases the load in the warehouse and too little stock of goods which results in an exhaustion of stock in the warehouse. To solve this problem, we need an inventory control information system. The method of analysis uses the EOQ (Economic Order Quantity) method. For the system design process using sublime as the writing language and programming PHP, and XAMPP as localhost, the database uses MySQL. This study aims to design an inventory control system in the HRD department at PT Berlina Tbk Tangerang, and to make it easier for the HRD Department to input and create inventory reports. With this research, it can produce an inventory control system design that is more effective and efficient and can find out the storage costs in the warehouse. From the calculation of the EOQ method, it is found that it is 20% smaller than the previous storage and the total cost of ordering in a year is 2x orders. Thus, it means that there is a very real difference between the inventory policies implemented by the company and the EOQ method.

scholarly journals Analysis of Inventory Control by Using Economic Order Quantity Model – A Case Study in PT Semen Padang

2019 ◽  
Vol 18 (2) ◽  
pp. 116
Author(s):  
Prima Fithri ◽  
Alizar Hasan ◽  
Fadhita Maisa Asri
Keyword(s):  
Production Process ◽  
Inventory Control ◽  
Raw Material ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Optimal Order ◽  
Order Quantity ◽  
Cement Production ◽  
Total Cost ◽  
Optimal Order Quantity

Inventory control is a very important issue. It is because the amount of inventory will determine or affect the smoothness of the production process as well as the effectiveness and efficiency of the company. PT Semen Padang is a manufacturing company that produces 10,400,000 tons of cement per year. The achievement of the cement production target at this company depends on the availability of raw materials needed in the cement production process itself. Gypsum is an additional material of the cement production process which is very important because it is a raw material that must exist in the process of making cement. So, if the inventory of gypsum cannot meet the needs of production, then the production process of cement making will be disrupted. PT Semen Padang is using the Min-Max method for inventory control. But the costs are quite high. The cost of inventory can be minimized by using another method such as EOQ (Economic Order Quantity). The conclusions of this research are in 2016 by using EOQ method, the optimal order quantity is 32,073 ton per order, and the frequency is 9 times in a year with total cost Rp. 4,757,673,813.48, and in 2017, the optimal order quantity is 34,856 tons per order and the frequency is 9 times in a year with total cost Rp. 9,694,805,608.36.

scholarly journals SISTEM PENGENDALIAN PERSEDIAAN STOK BAHAN BAKU MENGGUNAKAN METODE ECONOMIC ORDER QUANTITY DI PIZZAHUT SETIABUDI

2021 ◽  
Vol 9 (01) ◽  
pp. 43-47
Author(s):  
Cindy Anindya Puspadev
Keyword(s):  
Control System ◽  
Middle Class ◽  
Inventory Control ◽  
Raw Materials ◽  
Raw Material ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Order Quantity ◽  
Inventory Costs ◽  
Manual Recording

Pizzahut Setiabudi Semarang is a middle class restaurant in Indonesia that serves pizza, pasta and also various kinds of food. The process of recording stock inventories at Pizzahut Setiabudi currently still uses manual recording on books, both incoming and outgoing materials. In addition, the procurement process for raw material stock only uses estimates, this can lead to excess stock in the warehouse or actually experience a stock shortage which can later hamper the operational process of the business. In this research, we build a raw material inventory control system to help restaurants manage material stock data using the Economic Order Quantity (EOQ) method. EOQ is a method used to optimize the purchase of raw materials that can reduce inventory costs so that the efficiency of material inventory in the company can run well.

scholarly journals Pengendalian Persediaan Pozzolan di PT Semen Padang

2016 ◽  
Vol 13 (2) ◽  
pp. 665
Author(s):  
Prima Fithri ◽  
Annise Sindikia
Keyword(s):  
Data Processing ◽  
Inventory Control ◽  
Lead Time ◽  
Raw Materials ◽  
Copper Slag ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Order Quantity ◽  
Inventory Costs ◽  
Cement Manufacture

Inventory of raw materials is the most important thing to produce the product. Inventory control of the raw materials quantityalso refers to the production process at the factory. PT Semen Padang used raw materials including cement manufacture clay, limestone, silica, gypsum, pozzolan and sand iron or copper slag. Among the raw materials, the most used is pozzolan. This research will be carried out data processing for inventory control using the EOQ (Economic Order Quantity) and POQ (Periodic Order Quantity) to compare with inventory control has been implemented by the company. The data collected for this study include data processing is the use of historical data pozzolan material per period in 2012 and 2013, the cost of raw materials ordering pozzolan, pozzolan storage costs of raw materials and lead time, acceptance of pozzolan from suppliers to storage. Data processing is performed to determine the inventory control of raw materials sand pozzolan in 2014. The results and conclusions obtained are forecasting the use of pozzolan in 2014 is 1.135.355,77 tons it means will be more than in previous years and the inventory control with POQ (Periodic Order Quantity) produces the minimum inventory costs with price Rp 1.775.179.959,61.Keywords: forecasting, inventory, EOQ, POQAbstrakPersediaan bahan baku merupakan elemen terpenting dalam produksi yang dilakukan oleh perusahaan untuk menghasilkan produk. Pengendalian persediaan terhadap kuantitas bahan baku yang dilakukan gudang juga merujuk ke proses produksi yang dilakukan oleh pabrik. Pabrik-pabrik di PT Semen Padang tersebut menggunakan bahan baku pembuatan semen diantaranya tanah liat (clay), batu kapur, batu silika, gypsum, pozzolan dan pasir besi atau copper slag. Diantara bahan baku tersebut, pemakaian terbanyak adalah pemakaian pozzolan. Pada penelitian ini akan dilakukan pengolahan data untuk pengendalian persediaan dengan menggunakan metode EOQ (Economic Order Quantity) dan POQ (Periodic Order Quantity) untuk membandingkan dengan pengendalian persediaan yang telah diterapkan oleh perusahaan. Data yang dikumpulkan untuk pengolahan data penelitian ini diantaranya yaitu data historis pemakaian bahan baku pozzolan per periode pada tahun 2012 dan 2013, biaya pemesanan bahan baku pozzolan, biaya penyimpanan bahan baku pozzolan dan waktu tenggang (lead time) penerimaan pozzolan dari pemasok ke gudang. Pengolahan data yang dilakukan adalah untuk menentukan pengendalian persediaan bahan baku pasir pozzolan di tahun 2014. Hasil dan kesimpulan yang diperoleh adalah peramalan pemakaian pozzolan di tahun 2014 akan lebih banyak dibanding tahun-tahun sebelumnya yaitu dengan total pemakaian sebanyak 1.135.355,77 ton dan pengendalian persediaan dengan metode POQ (PeriodicOrderQuantity) menghasilkan biaya persediaan yang lebih minimum yaitu sebesar Rp 1.775.179.959,61.Kata kunci: peramalan, persediaan, EOQ, POQ

scholarly journals Economic Order Quantity to Control Raw the Materials Inventory on “Zaskya Bakery” Home Industry

2020 ◽  
Vol 10 (1) ◽  
pp. 33-39
Author(s):  
Lukman Hidayat ◽  
Hidayat Koto ◽  
Hayyuning Pratiwi
Keyword(s):  
Inventory Control ◽  
Raw Materials ◽  
Raw Material ◽  
Economic Order Quantity ◽  
Economic Order ◽  
Order Quantity ◽  
Inventory Costs ◽  
Total Inventory ◽  
Quantitative Descriptive ◽  
Small Industries

           Zaskya Bakery Home Industry is one of the small industries that produce various types of sweet bread in Central Bengkulu Regency. Optimal raw material inventory control is essential for companies to make the production process good. The economic order quantity (EOQ) method is the basic method of inventory control by finding the minimum point between ordering costs and storage costs. The purpose of this study was to determine the inventory control of some raw materials in the Zaskya Bakery Home Industry by using EOQ. Survey and observation with a quantitative descriptive approach are The methods used in this research. Data analysis uses the calculation formula of EOQ, total inventory cost, safety stock, and reorder point. The results showed that the application of the EOQ method in controlling raw material inventory was an emphasis on inventory costs on the Zaskya Bakery Home Industry. The Efficiency of the quantity of raw material ordering each time order, the time of re-ordering of raw materials, as well as the quantity of safety inventory can be known.

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