Model of Inventory Planning Using Monte Carlo Simulation in Retail Supermarket with Consider To Competitors and Stimulus Strategies
Retail Supermarket is a retail company that provides various types of products to meet the primary needs of the community or people, such as food needs, various cleaning products, snacks, beverages, cosmetics, and many others. The growing retail business requires continously managed in retail compa...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Yayasan Pendidikan Riset dan Pengembangan Intelektual (YRPI)
2022-11-01
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| Series: | Journal of Applied Engineering and Technological Science |
| Subjects: | |
| Online Access: | https://journal.yrpipku.com/index.php/jaets/article/view/1093 |
| _version_ | 1797984459652333568 |
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| author | Yuri Delano Regent Montororing Murwan Widyantoro |
| author_facet | Yuri Delano Regent Montororing Murwan Widyantoro |
| author_sort | Yuri Delano Regent Montororing |
| collection | DOAJ |
| description |
Retail Supermarket is a retail company that provides various types of products to meet the primary needs of the community or people, such as food needs, various cleaning products, snacks, beverages, cosmetics, and many others. The growing retail business requires continously managed in retail company to work more effectively and efficiently in order to be able to face intense business competition so that business continuity can be maintained. The continuity of the company can be maintained if it is managed properly and has proper planning and control. Proper and careful planning followed by good control will continuously make the company's goal of achieving maximum profit achievable. This study will provide a proposal for inventory planning model using the Monte Carlo simulation method by paying attention to competitors and stimulus strategies, which can be used to predict sales for the next period so that the amount of inventory can be planned properly.
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| first_indexed | 2024-04-11T07:02:03Z |
| format | Article |
| id | doaj.art-2979e03d402645bc871f3e263fe91ae1 |
| institution | Directory Open Access Journal |
| issn | 2715-6087 2715-6079 |
| language | English |
| last_indexed | 2024-04-11T07:02:03Z |
| publishDate | 2022-11-01 |
| publisher | Yayasan Pendidikan Riset dan Pengembangan Intelektual (YRPI) |
| record_format | Article |
| series | Journal of Applied Engineering and Technological Science |
| spelling | doaj.art-2979e03d402645bc871f3e263fe91ae12022-12-22T04:38:35ZengYayasan Pendidikan Riset dan Pengembangan Intelektual (YRPI)Journal of Applied Engineering and Technological Science2715-60872715-60792022-11-014110.37385/jaets.v4i1.1093Model of Inventory Planning Using Monte Carlo Simulation in Retail Supermarket with Consider To Competitors and Stimulus StrategiesYuri Delano Regent Montororing0Murwan Widyantoro1Universitas Bhayangkara Jakarta RayaBhayangkara Jakarta Raya University Retail Supermarket is a retail company that provides various types of products to meet the primary needs of the community or people, such as food needs, various cleaning products, snacks, beverages, cosmetics, and many others. The growing retail business requires continously managed in retail company to work more effectively and efficiently in order to be able to face intense business competition so that business continuity can be maintained. The continuity of the company can be maintained if it is managed properly and has proper planning and control. Proper and careful planning followed by good control will continuously make the company's goal of achieving maximum profit achievable. This study will provide a proposal for inventory planning model using the Monte Carlo simulation method by paying attention to competitors and stimulus strategies, which can be used to predict sales for the next period so that the amount of inventory can be planned properly. https://journal.yrpipku.com/index.php/jaets/article/view/1093Inventory PlanningMonte Carlo MethodRetail |
| spellingShingle | Yuri Delano Regent Montororing Murwan Widyantoro Model of Inventory Planning Using Monte Carlo Simulation in Retail Supermarket with Consider To Competitors and Stimulus Strategies Journal of Applied Engineering and Technological Science Inventory Planning Monte Carlo Method Retail |
| title | Model of Inventory Planning Using Monte Carlo Simulation in Retail Supermarket with Consider To Competitors and Stimulus Strategies |
| title_full | Model of Inventory Planning Using Monte Carlo Simulation in Retail Supermarket with Consider To Competitors and Stimulus Strategies |
| title_fullStr | Model of Inventory Planning Using Monte Carlo Simulation in Retail Supermarket with Consider To Competitors and Stimulus Strategies |
| title_full_unstemmed | Model of Inventory Planning Using Monte Carlo Simulation in Retail Supermarket with Consider To Competitors and Stimulus Strategies |
| title_short | Model of Inventory Planning Using Monte Carlo Simulation in Retail Supermarket with Consider To Competitors and Stimulus Strategies |
| title_sort | model of inventory planning using monte carlo simulation in retail supermarket with consider to competitors and stimulus strategies |
| topic | Inventory Planning Monte Carlo Method Retail |
| url | https://journal.yrpipku.com/index.php/jaets/article/view/1093 |
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