Best 18 wheeler accident lawyer, offshore accident attorney, construction truck accident lawyer, best motorcycle attorney, spectrum business fiber, flagstar wholesale, meso law firm, mesothelioma compensation for family members, automotive accident lawyers

Economic Order Quantity Inventory Considering Perishable Factor in Product, Delay in Payment, All-Unit Discount, and Product Return


Roland Y. H. Silitonga
Hanafi Kartawirawan
Siham Bouguern
2022  •  DOI: 10.56741/esl.v1i02.121

Abstract

The inventory existence of the company is a waste but still needed to maintain service level. For drug industry companies, especially pharmaceutical installations, the expiration factor is a factor that needs to be considered because drugs have an expiration date. Previous research has an inventory model that considers product expiration factors, permissible payment delays, and price discounts. The developed study provides a solution to the loss of expiry costs by adding a return factor. This research aims to create an inventory model that considers expiration factors, permissible payment delays, discounts, and product returns. The result of the developed model can minimize the total cost of inventory by 3.37% with the predefined parameters compared to the previous model, which has not considered the return factor.

Save PDF Cite


Related Journal

ENVIRONMENTAL IMPACT ASSESSMENT OF BRICK PRODUCTION IN INDONESIA

INTELLIGENT REFLECTING SURFACES ADAPTIVE BEAMSTEERING AND PSK DIRECT MODULATION

RENEWABLE AVIATION FUEL: REVIEW OF BIO-JET FUEL FOR AVIATION INDUSTRY


More

Search Research and Publications

CARI TULISAN is a scientific publication indexing site that helps everyone find research results and relevant data from papers, journals, books, research reports, and so on. Collected from various repositories, it makes scattered scientific research easily searchable.
All articles and content on this site are copyrighted works of the relevant authors that have been published as a result of scientific research. CARI TULISAN never distributes and supports pirated content.