Inventory system improvement for poultry

Putra, Noverta Brilly Leksana and Hapsari, Indri and Prayogo, Dina Natalia (2022) Inventory system improvement for poultry. In: AIP Conference Proceedings 2470, 3rd BIANNUAL INTERNATIONAL CONFERENCE ON INFORMATICS, TECHNOLOGY, AND ENGINEERING 2021 (InCITE 2021): Leveraging Smart Engineering, 25–26 August 2021, Surabaya, Indonesia (Online).

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Official URL / DOI: https://doi.org/10.1063/5.0080160

Abstract

R&R is a company located in Menganti, Gresik, East Java that sells poultry with a short life cycle. The purchase price of poultry from suppliers and customer demand fluctuates daily. The objectives of this research are suggesting daily demand forecasting, predicting selling price, and determining the optimal single order quantity (SOQ) to maximize profit for the company. The results of the study showed that the SOQ method could maximize the profit by considering the results of daily demand forecast, selling price and purchase price prediction to compare with the real condition. During the planning horizon, the increase of total profit was 60.23% and 6.39% in total revenue. There is an application that was developed to support determination of optimal quantity of poultry by the company.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Perishable Product, Single Order Quantity, fluctuate price, demand forecasting, short lived items
Subjects: T Technology > T Technology (General)
Divisions: Faculty of Engineering > Department of Industrial Engineering
Depositing User: Indri Hapsari 203009
Date Deposited: 23 Aug 2022 08:58
Last Modified: 23 Aug 2022 08:58
URI: http://repository.ubaya.ac.id/id/eprint/42387

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