Search results for "Economic order quantity"
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ANALISIS PENGENDALIAN PERSEDIAAN DENGAN METODE EOQ USAHA STAN KAYU SINAR SOWI KABUPATEN MANOKWARI
2020
Controlling and determining of inventory is an important thing in order to produce efficiently and able to make smooth sales. The purpose of this research is to know an analysis of controlling raw material inventoriesin the manufacture of brick by using Economic Order Quantity (EOQ) method to increase efficiency of the total inventory costin Stan Kayu Sinar Sowi. The raw material of brick is rough sand and cements.
 Type of case study research through a qualitative approach by means of interviews, observation and documentation. Case study on a wood booth business in Manokwari, West Papua.
 The results of the study that the purchase of raw materials made by the company is considere…
General Economic Order Quantity Model for Lot Sizing with Quality Loss and Process Analysis
1995
In this paper a new model GEOQ is proposed to decide the optimal lot sizing in production. The GEOQ modifies the classical EOQ method in several aspects. First it considers that there is always a probability that the production goes out-of-control; then it takes the time the process goes out-of-control as a stochastic quantity; and finally it adds quality loss to the economic models. The quality loss is calculated according to Taguchi’s quadratic loss function. and depends on the process failure models. Therefore, the optimal lot sizing is decided not only by the set-up cost and the holding cost but also by the quality loss during the manufacturing process.