The main objective of this research article is to optimize costs and logistic KPIs applying an economic order quantity (EOQ) inventory model in a metal-mechanic MSE with intermittent demand. Firstly, the forecast lowest MAD ECM selected. object under study, after ABC classification, belongs family products located class A due its valuation participation inventory. Croston method considered most...

Determining the economic lot size has always represented one of the most important issues in production planning. This problem has long attracted the attention of researchers, and several models have been developed to meet requirements at minimum cost. In this paper we explore and discuss the evolution of these models during one hundred years of history, starting from the basic model developed ...

This paper seeks the critical factors for a correct choice in the components set up along the supply chain. ABC classification was made for all the suppliers according to the supplied items for the company. After a demand analysis, the seasonal nature and trend during the timeline, we used the last four years registers where is shown a decreasing behavior in 30% of the items; Economic Order Qua...

The purpose of this study was to analyze raw material inventory control with the Economic Order Quantity (EOQ) method on CV. BJT 47 Embroidery Sukabumi City. research used is descriptive quantitative describe and data. data processed using EOQ determine total cost inventory. results show that there a large difference if method, savings are more efficient. conclusion by applying we can optimize ...

In this paper, the Bertrand's price competition in the retail duopoly with asymmetric costs is analyzed. Retailers sell substitute products in the framework of the classical economic order quantity (EOQ) model with linear demand function. The market potential and competitor price are considered to be the bifurcation parameters of retailers. Levels of the barriers to market penetration depending...

Abstract Inventory control and management is an important task for every organization, wherein they need to determine the order quantity period maintain enough inventory meet demand. The original Economic Order Quantity (EOQ) model was developed by Ford W. Harris address this problem optimal that helps in optimizing cost incurred organization. Even though gives a very good approximation on thes...

Answers how much to order when to order. Reduced price when item is purchased in larger quantities.The first model we will present is called the economic order quantity EOQ. We will discuss two types of quantity discount contracts: all units discounts and.buy the lowest total cost quantity, save the buyer money and, in some cases, receive more goods. quantity discount model example When we buy ...