Analytical Hierarchy Process (AHP), Economic Order Quantity (EOQ), and Reorder Point (ROP) in Inventory Management System
| Autor: | Richard Richard, Adrian Dicky Lukiman |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Inventory control
Operations research lcsh:T Computer science economic order quantity (eoq) 05 social sciences inventory management system Telecommunications service Analytic hierarchy process Sample (statistics) 02 engineering and technology General Medicine lcsh:Technology Reorder point Procurement analytical hierarchy process (ahp) lcsh:TA1-2040 Order (business) 0502 economics and business 0202 electrical engineering electronic engineering information engineering 020201 artificial intelligence & image processing Economic order quantity lcsh:Engineering (General). Civil engineering (General) reorder point (rop) 050203 business & management |
| Zdroj: | ComTech, Vol 11, Iss 1, Pp 29-34 (2020) |
| ISSN: | 2476-907X 2087-1244 |
| Popis: | The research discussed the design of vendor selection features using the Analytical Hierarchy Process (AHP) method, inventory control using Economic Order Quantity (EOQ) method, and order notification using Reorder Point (ROP) method. The research aimed to find out the most appropriate time for procurement of goods, selection of vendors that fit the predetermined criteria and determine the number of items that had to be ordered within a period of time. Object-Oriented Analysis and Design (OOAD) method was used in building the system design. The sample of the research was a telecommunications service provider company. The result shows that by applying these three methods, the problems are overcome. |
| Databáze: | OpenAIRE |
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