TAILIEUCHUNG - The effect of applying the economic order quantity model in the field of inventory

The research concluded that using and applying the economic order quantity model as a scientific method has always an effect in the field of inventory. | The effect of applying the economic order quantity model in the field of inventory International Journal of Management INTERNATIONAL JOURNAL IJM OFISSNMANAGEMENT 0976 6502 Print ISSN 0976 - IJM 6510 Online Volume 6 Issue 4 April 2015 pp. 09-18 IAEME ISSN 0976-6502 Print ISSN 0976-6510 Online IJM Volume 6 Issue 4 April 2015 pp. 09-18 IAEME http IAEME Journal Impact Factor 2015 Calculated by GISI THE EFFECT OF APPLYING THE ECONOMIC ORDER QUANTITY MODEL IN THE FIELD OF INVENTORY Dr. Abdul Wahid Prince Sattam Bin Abdul-Aziz University collage of science Department of Business Administration KSA ABSTRACT Research conducted to identify the effect of applying the economic order quantity EOQ model as a scientific method in the field of inventory. Research determined the relation association and effect of applying the economic order quantity model in the field of inventory in the factory of Asalaya White Nile State SUDAN . Research applied T Test and examined that there is a moral difference between the average annual costs M2 by following the traditional method and the average annual costs M1 by following the economic order quantity model as a scientific method in the field of inventory. The research concluded that using and applying the economic order quantity model as a scientific method has always an effect in the field of inventory. Keywords Inventory Economic order quantity Scientific method Traditional method Sugar cane Asalaya INTRODUCTION Stocks are expensive because of the costs of tied-up capital warehousing protection deterioration loss insurance packaging administration and so on. An obvious question then is Why do organizations hold stock There are several answers to this all based on the need for a buffer or cushion between supply and demand. Inventory is considered as one of the biggest financial investments in many commercial and industrial establishments. Therefore it is given good care by many .

• Quản trị kinh doanh
• Economic order quantity model
• Field of inventory
• Factory of Asalaya
• Tied up capital
• Commercial and industrial establishments
• Modified economic order quantity (EOQ) model for items
• Quantity model for items with imperfect quality
• Decentralized supply chain
• Two non cooperative games
• Economic order quantity
• Transportation cost
• Transnational trade
• Fully loaded vehicles
• Inventory decisionmakers
• Ranking fuzzy number
• Geometric programming
• Multi objective economic
• Approximation interval
• EOQ model
• Two component Demand
• Alternating demand rate
• Instantaneous inventory level
• Deteriorating item
• Deteriorating items
• Inventory cost
• Stock level
• Backlog level
• Production cycle time
• Optimal decision
• Fuzzy Non Linear Programming Technique
• Real inventory problems
• Probabilistic models
• Ramp type demand
• Constant deterioration
• Unit production cost
• Without shortage
• Inventory system
• Temporary discount
• Imperfective items
• Inventory models
• Infinite time horizon
• Non linear demand
• Trade credit policy
• Discounted cash flows
• Deteriorating inventory models
• Developed mathematical models
• Production inventory model
• Time dependent demand
• Machine production rate
• Optimum inventory policy
• Pt Senahoy optika pratama in Indonesia
• Senahoy optika pratama
• Linear Regression model
• Determine demand forecasting
• Service level
• Minimax distribution free procedure
• Classical production
• Economic order quantity