Optimization of Wheat Flour Raw Material Inventory with The Economic Order Quantity (EOQ) Method at Celebriti Bakery Raw material inventory control is important to determine and guarantee the availability of raw materials in the right quantity and time. Wheat flour is the main raw material that are used and hence highest expenditure at Celebriti Bakery. This study aims to determine the actual inventory control of wheat flour, the economical inventory control of wheat flour with the Economic Order Quantity (EOQ) method, and potential cost savings of wheat flour inventory at Celebriti Bakery. The study was conducted using descriptive and quantitative methods. Based on study result, Celebriti Bakery orders 1.750 kg of wheat flour per order with purchase frequency of 34 times. Celebriti Bakery sets safety stock of 200 kg, reorders when the supply is 250 kg, and has maximum inventory of 2.000 kg. The EOQ method suggests the economic order is 3.111 kg per order with purchase frequency 19 times. The analysis suggests 161,13 kg safety stock, 322,26 kg reorder point and 3.272,13 kg maximum inventory. Celebriti Bakery currently spends Rp 3.406.140,00 for wheat flour inventory cost. The EOQ method shows potential cost saving of Rp 526.805,00 or 15%. Celebrity Bakery needs to optimize the supply of wheat flour with the EOQ method to save the cost of wheat flour inventory.
Published by | Universitas Udayana |
Journal Name | Jurnal Agribisnis dan Agrowisata (Journal of Agribusiness and Agritourism) |
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Location | Kab. badung, Bali INDONESIA |
Website | JAA| https://ojs.unud.ac.id/index.php/JAA| |
ISSN | ISSN : 23016523, EISSN : 26853809, DOI : -, |
Core Subject | Economy, Agriculture, Social, |
Meta Subject | Agriculture, Biological Sciences & Forestry, Economics, Econometrics & Finance, Social Sciences, |
Meta Desc | E-Jurnal Agribisnis dan Agrowisata (JAA) adalah peer-reviewed, open access jurnal, diterbitkan oleh Program Studi Agribisnis, Fakultas Pertanian, Universitas Udayana. JAA menerbitkan hasil peneitian original dan review artikel dalam bidang sosial ekonomi pertanian, agribisnis, dan agrowisata. Penulis diharapkan mengimkan karya tulisnya yang belum pernah dipublikasikan, sedang di-review atau sedang dipertimbangkan untuk diterbitkan di jurnal atau media lain secara lengkap. Ruang lingkup JAA mencangkup, tetapi tidak terbatas pada bidang berikut: pengembangan bisnis, pengembangan masyarakat, sistem subak dan rekayasa agrowisata, koperasi agribisnis, serta komputasi dan multimedia dalam bidang pertanian. Saat ini, JAA hanya menerbitkan jurnal dalam versi online. |
Penulis | WATI, NI LUH ERNA , DEWI, RATNA KOMALA , ARTINI, NI WAYAN PUTU |
Publisher Article | Agribusiness Study Program, Faculty of Agriculture, Udayana University |
Subtitle Article | Jurnal Agribisnis dan Agrowisata (Journal of Agribusiness and Agritourism) Vol.9, No.3, Desember 2020 |
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View Article | https://ojs.unud.ac.id/index.p… |
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