Optimalisasi Persediaan Bahan Baku Keripik Kentang Dengan Metode Economic Order Quantity (Studi Kasus Di Agronas Gizi Food)

Author(s):  
Stefani Natalia Dinda Advenia ◽  
Maria Puri Nurani ◽  
Kukuk Yudiono

The optimalization of raw materials supply is intended to meet the needs of raw materials for the process of the production process the future; the activity of controlling raw materials manages the implementation of necessary supply in accordance with the required amount and minimal cost, which includes the problem of purchasing raw materials, storing and maintaining materials, controlling the output of the material when materials are needed and maintaining the optimal supply amount. The raw material supply control can be analyzed using the EOQ method as one of the choices in comparing the implemented company policies. This research was conducted at Agronas Gizi Food. The analysis technique used is by comparing the results of company policy calculation and the EOQ method. The calculation of company policy includes the cost of ordering  (S) with the results of Rp. 183,800 / order, supply costs (H) with a result of Rp.859 / Kg, total inventory costs (TIC) that must be spent Rp.5,689,560, the frequency of purchase 30 times, with an average purchase of 1500 kg / year while the calculation method EOQ includes economical purchases (Q*) with results of 4198 kg, frequency of purchases (F) with the result 10 times a year, total inventory costs (TIC) with the result of Rp.3,605,795, safety stock Rp.3,605,795, and ROP 234 Kg. Based on the analysis technique on raw material for potato chips in Agronas Gizi Food, it can be concluded that it is not optimal because the calculation the results of company policies are greater than the EOQ method.

Author(s):  
Monika Ahmelia ◽  
Herlin Herlin ◽  
Abdul Rahman

This study aims to analyze the stock inventory control of Mie Dzohir's raw materials in Bengkulu. The analytical method used is Economic Order Quantity (EOQ), Reorder Point (ROP), Total Inventory Cost (TIC) and Safety Stock (SS). The results showed that to meet the raw material needs of 91,375 kg during the research period, from January 2020 to December 2020 (12 months), the number of economical purchases/EOQ of wheat flour raw materials that had to be made by the Mie Dzohir factory in Bengkulu was as much as 5,372 kg for each order with a purchase frequency of 17 times for a period from January 2020 to December 2020. Reorders or reorder points (ROP) can also be determined, namely reordering should be done when 345 kg of inventory is in warehouse, with a lead time of 1 days so as not to hamper the company's production process. The total inventory cost (TIC) can also be determined, namely the total cost of raw material inventory of Rp. 3.572.188, - therefore, it can save on inventory costs of Rp. 1.051.697,- .Safety stock (SS) of 95 kg which must be in the warehouse, this is intended therefore, there is no shortage of wheat flour raw materials if there is a delay in the delivery of raw materials.


2021 ◽  
Vol 11 (4) ◽  
pp. 4561-4572
Author(s):  
Haridhsah Hilmi Septiawan ◽  
Rorim Panday

This study aims to evaluate purchasing raw materials and the Home Industry Socks by using the Economic Order Quantity (EOQ) method and the compare to the company's actual method. And to find out whether the EOQ method is effective to be applied to the company. The data used in this study are in the form of notes, reports, and company documentation for the period 2017, 2018, and 2019 provided by the owner through observation, interview, documentation, and literature study. Meanwhile, the usage data, raw material prices, and raw material purchase data are obtained from company records. The analysis technique in this study used EOQ formula, standard deviation, safety stock, Total Holding Cost, Total Ordering Cost, and Total Inventory Cost. The result of this research is that EOQ method is effective to be applied to socks home industry companies to control inventory more efficiently because it can minimize inventory costs.


2020 ◽  
Vol 10 (2) ◽  
pp. 86-94
Author(s):  
Nila Kandi ◽  
Hendrik Johannes Nadapdap

Sugarcane is one of the plantation crops which is used as raw material for making sugar. The efficiency of inventory is very important for a sugar factory. The purpose of this study is to determine the order level, order frequency, the amount of safety stock (Safety Stock), re-order points (sugarcane raw material) which is economical and to know the total inventory cost (Total Inventory Cost) of sugarcane raw material economical in PG X. The method of determining the area of ​​this research was carried out intentionally (purposive). The research method uses the descriptive-analytic method. The analytical tool used is Economic Order Quantity (EOQ), Re-Order Points (ROP), Safety Stock (SS), and Total Inventory Cost (TIC). The results of the 2018 and 2019 EOQ calculations show it is not yet economical. The 2018 EOQ calculation was 1.688,79 tons greater than the number of orders made by PG X by 1.483,9 tons and the 2019 EOQ calculation was 3.074 tons greater than the number of bookings made by PG X by 976,6 tons. The value of the safety stock in 2018 amounted to 1.483,9 tons and in 2019 it was 976,6 tons. The value of ROP in the supply of raw sugar cane in 2018 was 2.967,8 tons and in 2019 it was 1.953,2 tons. The 2018 TIC value is Rp. 139.031.870 smaller than the cost of inventory incurred by the company of Rp. 158.302.102 and the 2019 TIC value of Rp. 208.014.632 less than the cost of inventory incurred by the company of Rp. 654.250.185. The results of the last two years calculations indicate the inefficiency of orders made because it causes the frequency of orders is greater and the inventory costs incurred by PG X are higher., so with economic calculations, the order frequency will be less and the total cost of inventory will be lower.


Author(s):  
Indupurnahayu . ◽  
Dessy Hardiyanti

<p>Inventory is an asset which includes goods belonging to the company with the<br />intention to be sold in a normal business period. Inventories in companies are very vulnerable to theft, embezzlement, damage or loss to the company. This study aims to determine the internal controls applied in the company against inventory and internal audit<br />implementation in improving the effectiveness, efficiency, economical internal control inventory. This research uses descriptive method because this research relates to the object of research that is company with a certain period, by collecting data and information related<br />to the company and tailored to the research objectives. The analysis technique used to analyze data about inventory using the Economic Order Quantity (EOQ) method.  This research analyzes Internal Control and Implementation of Internal Audit inventory at PT. Mustika Ratu. Internal Control of PT. Mustika ratu has run well and in accordance with the elements of internal control. PT. Mustika Ratu has complied with the policies and regulations set by the company. <br />Implementation of Internal Audit has been running Effectively, Efficiently, and<br />Economically. Can be seen from the calculation using EOQ method. By using company method, the quantity of Titan Komet Kowet's 3288 raw material purchasing amounted to 5,573 Gram with total inventory cost of Rp. 2.769.780, - and while using the EOQ method Quantity of raw material purchase Titan Komet Kowet 3288 for 5.932 with inventory cost of<br />Rp. 2,764,386, -. meaning the company can save inventory costs of Rp. 5.394, - <br />By using company method Quantity of purchase of raw material Talk Mesh 325<br />amounted to 8,574 Gram with total cost of inventory equal to Rp. 3.056.223, - while using EOQ method Quantity purchase of raw material of mesh 325 mesh with 7648 with inventory cost of Rp. 3.056.385, -. meaning the company can save the cost of Rp. 19.838,-</p><p> </p>


2020 ◽  
Vol 9 (2) ◽  
pp. 426
Author(s):  
I Made Sugita Yasa ◽  
Kastawan Mandala

Inventory management without Material Requirement systems in CV. Bangun Cipta Artha resulted in the lot size for each order of raw materials not optimal. One concept that can be used to plan and control raw materials is the Material Requirement Planning. This study is to determine the number of sizes of raw material orders, the exact order time, the method that produces the lowest cost for each raw material, and the effect of using MRP on inventory costs. This research conducted on 160x200cm spring bed products. Data was analyzed by making production master schedules, determining net requirements, determining lot size, and making MRP tables. Based on the results, the determination the best lot sizing is the order quantiy period which results in a total inventory cost of Rp. 26,475,220 where the total cost is lower, compared to lot for lot method which Rp. 43,464,000. part period balancing Rp. 33,106,576, and conventional method Rp.49,472,912. Keywords: Material Requirement Planning (MRP), Sizing Lot, Lot For Lot, Balancing Part Period, Period Order Quantiy


2018 ◽  
Vol 13 (02) ◽  
Author(s):  
Melinda Miranda Wijaya ◽  
David P. E. Saerang ◽  
Meily Y. B. Kalalo

            The cost of raw material inventory is a sacrifice of economic resources, measured in units of money, which have occurred or are likely to occur for raw material inventory, consisting of purchase costs, storage costs, and inventory shortage. This study aims to determine (1) Total Inventory Cost (TIC) based on RM policy. Kinamang Fuel Fish and Economic Order Quantity (EOQ) method during 2017 (2) Frequency of ordering of efficient fish raw material during 2017 (3) Quantity of safety stock and when to reorder point of raw materials fish in RM. Ikan Bakar Kinamang during 2017. This research is a descriptive research with qualitative approach. And use case study method. The result of the research shows that the Cost of Fish Raw Material Supplies at Kinamang Fuel Fish Restaurant is still not economical because the purchase (order) is only based on the previous sales estimate, and does not take into account economically the expenses incurred for the purchase and storage of fish raw materials the. Precisely with the calculation of Economic Order Quantity (EOQ), the cost of raw materials inventory of fish is much less, and can determine properly and correctly about the safety stock (safety stock), and reorder (reorder point).Keywords: Inventory Cost, EOQ, Frequency, Safety Stock, ROP


2020 ◽  
Vol 13 (2) ◽  
pp. 8-17
Author(s):  
Herlena Bidi Astuti ◽  
Yesmawati Y ◽  
Linda Harta ◽  
Reswita R

Processing shallots into fried onions is one of the agro-industry businesses with the main raw material of shallots. The fried onion home industry is a downstreaming of agricultural commodities by providing added value from the raw materials of shallots, in the process of production competition the industry must conduct management that will produce raw materials to ensure obtaining products. The purpose of this study was to determine the operating income of fried onions and determine the management of raw materials in the "Uda Saprudin" fried onion industry in Bengkulu City. The method used in this study is the calculation of income, R / C ratio, and management of raw materials using EOQ, Safety Stock, Reorder Points, lead time and total inventory costs. This research is a case study conducted in February 2019 with the data used is the data of the past year (2018). From the research results obtained R / C value of 1.36 and the management of raw material requirements recognized EOQ value: 6.546 Kg, Reorder Point value: 6.329 Kg / Month, lead time: 0.5 months and Total inventory costs: Rp. 163,676,047 per year.


Author(s):  
Anugrah Putra Perdana ◽  
Muhammad Dinar ◽  
Muhammad Hasan ◽  
Rahmatullah Rahmatullah ◽  
M. Ihsan Said Ahmad

This study aims to determine the availability of raw materials, the level of competition, and entrepreneurial behavior of the furniture business in Manggala District, Makassar City in supporting business development. This research is categorized as a descriptive study with a qualitative approach, data collection is done using the method of observation, interviews, and documentation. The analysis technique used is the SWOT analysis. The results of this study indicate that furniture business owners in Manggala District, Makassar City have 4 indicators of raw material availability, namely: estimated usage, material prices, inventory costs, and waiting time. And the level of competition has 6 indicators, namely: price, quality, customer loyalty, discounted prices, marketing techniques, target market. As well as entrepreneurial behavior has 4 indicators, namely: obstacles, risks, innovation, cooperation, where the results of the SWOT analysis that have been carried out, there are four strategic choices for furniture business in Manggala District, Makassar City, consisting of strengths opportunities (SO), weakness opportunities (WO). ), Strength threats (ST), and weakness threats (WT).


2018 ◽  
Vol 3 (1) ◽  
Author(s):  
Paduloh Paduloh

This study aims to analyze the optimal usage volume of iron raw plates required by PT. Misitama for the period of 2017. PT. Misitama is a company engaged in the field of tank manufacturing industry for the needs of manufacturing and mining industries. The study analyzed the total cost of Iron Iron raw material supply which must be used by PT. Misitama during 2017, analyzing reorder point, safety stock and raw material inventory control using EOQ method. The data used is the data of September 2017 - October 2017. The data used is secondary data derived from corporate data. The results show that the amount of raw material purchases during 2017 if using the EOQ method becomes lower. The optimal purchase of raw materials to be done by the company in 2017 is 14.8 m2 with the frequency of ordering to be done as much as 8 times. The quantity of safety stock (Safety Stock) that must be available in warehouse of 7 m2 and reorder point (reorder point) EOQ that is when the warehouse inventory is only 8.88 m2. Total inventory cost for production process issued by PT. Misitama by using EOQ method becomes smaller than the total cost of previous inventory.


2021 ◽  
Vol 328 ◽  
pp. 05002
Author(s):  
Dira Ernawati ◽  
Sinta Dewi ◽  
Ni Ketut Sari ◽  
Kurniawan Budianto

Inventory is one of the current assets that can be classified as company assets. But in reality, inventory often turns into an operational problem that can affect the company's overall performance. This problem occurs due to the incorrect determination of the amount of inventory. Both excess and shortage of inventory can lead to cost overruns. This study applies the Wagner Whitin Algorithm and the Silver-Meal method in the lot-sizing process and the ABC (Always Better Control) method in determining the classification of raw materials at PT. X. Using the ABC method, it is known that the ADC-12 Ingot item has a very significant effect to inventory. Inventory optimization using the Wagner Whitin Algorithm and the Silver-Meal method resulted in the optimal frequency of ordering ADC-12 Ingots is 9 times and the total inventory cost is 994,098,000 IDR as well as inventory cost savings of around 18,403,180 IDR or 1.8% of the cost of existing inventory.


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