Inventory Policy Determination for Raw Materials in ILY Pharmaceutical using Periodic Review (R, s, S) and Periodic Review (R, S) Method to Minimize Total Inventory Cost
ILY Pharmaceutical is one of the pharmaceutical industry in Bandung that produces various type of medicines. In managing the raw materials for production, ILY Pharmaceutical is not using any standardize calculation for the inventory policy of the raw materials. That condition caused the raw material...
Main Authors: | Mely Permatasari Puteri, Yanuar Ridwan Ari, Santosa Budi |
---|---|
Format: | Article |
Language: | English |
Published: |
EDP Sciences
2017-01-01
|
Series: | MATEC Web of Conferences |
Online Access: | https://doi.org/10.1051/matecconf/201713500056 |
Similar Items
-
Quasi Monte Carlo for Periodic Review in Inventory Systems
by: Sugiharti Endang, et al.
Published: (2023-01-01) -
Ranking periodic ordering models on the basis of minimizing total inventory cost
by: Mohammadali Keramati, et al.
Published: (2015-06-01) -
Inventory conversion period and profitability relationship of the listed pharmaceutical firms of Jordan
by: Obeidat, Mohammed Ibrahim Sultan
Published: (2021-01-01) -
Safety inventory under a periodic review system
by: Ma'aram, A., et al.
Published: (2012) -
The study of inventory management of raw materials for a pharmaceutical company
by: Khor, Si Ming Thomas
Published: (2008)