Material Requirement Planning Using the Economic Order Quantity Model: An Application in a Perfumery and Cosmetics Company
نویسندگان
چکیده
منابع مشابه
Analysis of an Economic Order Quantity and Reorder Point Inventory Control Model for Company XYZ
As a result to today’s uncertain economy, companies are searching for alternative ways to stay competitive. In which, Company XYZ has been faced with an ineffective forecasting method that has lead to multiple product stock outs. The issue faced has caused sales loss as well as profit loss, which companies can not afford to lose if they want to stay competitive. This project goes through the pr...
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Economic Order Quantity (EOQ) model has been extended. We formulate EOQ model as a calculus of variations. This new extended problem is a simple optimal control problem with an unknown initial state. By solving this problem we generalize EOQ formula [1].
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It might seem strange that an article on Traditional Chinese Medicine (TCM) should be written by a scientist living and working in England. The confidence of western people is low, when it comes to using Chinese plants and formulae. However, there are so many wonderful blends that are beneficial for the skin, both internally and used externally, that it is about time that more effort was spent ...
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Previous studies in the issue of inventory models with imperfect quality assumed the defectives could be sold in a batch by the end of the inspection process and the manufacturing systems were push systems. However, the above assumptions may not be true in the pull system in which buyer is powerful. Therefore, in this paper, we develop a new inventory model for items with imperfect quality and ...
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ژورنال
عنوان ژورنال: ITEGAM- Journal of Engineering and Technology for Industrial Applications (ITEGAM-JETIA)
سال: 2018
ISSN: 2447-0228
DOI: 10.5935/2447-0228.20180046