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Detail Karya Ilmiah Dosen

Yudhia Mulya, Sufiatul Maryana, Vera Mita Nia

Judul : Inventory Simulation-Optimization Model for Small Business
Abstrak :

Abstract

Simulation-optimization inventory models are widely used in inventory management studies, including for perishable good. A good inventory management is required to save inventory cost. We use simulation approach to take into consideration of uncertain demand and lead time to obtain a better result of optimal order quantity that minimizes inventory cost. Simulation result shows that simulation-optimization models generates lower total inventory cost. The simulation provides information of objectives in inventory management: (1) how much to order and (2) when to order with minimum cost which gives valuable information in business decision making.

Keywords: economic order quantity, inventory management, simulation-optimization, perishable inventory

Tahun : 2020 Media Publikasi : Jurnal Internasional
Kategori : Jurnal No/Vol/Tahun : No. 2 / Vol. 1 / 2020
ISSN/ISBN : 2722-1156
PTN/S : Universitas Pakuan Program Studi : MANAJEMEN
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