Decision Support System for Determining Inventory and Sales of Goods Using Economic Order Quantity Methods and Linear Regression

Inventory control and sales are important activities for the company to run. Errors in determining the inventory of goods can cause swelling in operational costs so that the company experiences losses. To overcome this problem, a Decision Support System (DSS) is needed that can help make decisi...

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Main Authors: Manaf, Khaerul, Cecep Nurul, Alam, Subaeki, B, Khaffah, M.F., Ira, Rupaida, Aedah, Abd Rahman
Format: Conference or Workshop Item
Language:English
Published: 2020
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Online Access:http://ur.aeu.edu.my/819/1/khaerul2020.pdf
http://ur.aeu.edu.my/819/
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spelling my-aeu-eprints.8192021-01-05T08:15:02Z http://ur.aeu.edu.my/819/ Decision Support System for Determining Inventory and Sales of Goods Using Economic Order Quantity Methods and Linear Regression Manaf, Khaerul Cecep Nurul, Alam Subaeki, B Khaffah, M.F. Ira, Rupaida Aedah, Abd Rahman HF Commerce Inventory control and sales are important activities for the company to run. Errors in determining the inventory of goods can cause swelling in operational costs so that the company experiences losses. To overcome this problem, a Decision Support System (DSS) is needed that can help make decisions in determining inventory and sales of goods. In this case, the researcher uses the Economic Order Quantity (EOQ) EOQ provides a reference regarding the number of purchases or orders of goods with minimum cost. Meanwhile, to determine the number of future sales, researchers used the Linear Regression method, which looks at the relationship between sales as a response variable and the sales period as a predictor variable. The results of this study can be used to estimate the amount of quantity each time order of goods and predict the number of sales in the next period. 2020 Conference or Workshop Item PeerReviewed text en http://ur.aeu.edu.my/819/1/khaerul2020.pdf Manaf, Khaerul and Cecep Nurul, Alam and Subaeki, B and Khaffah, M.F. and Ira, Rupaida and Aedah, Abd Rahman (2020) Decision Support System for Determining Inventory and Sales of Goods Using Economic Order Quantity Methods and Linear Regression. In: 6th International Conferenceon Wireless and Telematics (ICWT), 3-4 September 2020, Yogyakarta, Indonesia..
institution Asia e University
building AEU Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Asia e University
content_source AEU University Repository
url_provider http://ur.aeu.edu.my/
language English
topic HF Commerce
spellingShingle HF Commerce
Manaf, Khaerul
Cecep Nurul, Alam
Subaeki, B
Khaffah, M.F.
Ira, Rupaida
Aedah, Abd Rahman
Decision Support System for Determining Inventory and Sales of Goods Using Economic Order Quantity Methods and Linear Regression
description Inventory control and sales are important activities for the company to run. Errors in determining the inventory of goods can cause swelling in operational costs so that the company experiences losses. To overcome this problem, a Decision Support System (DSS) is needed that can help make decisions in determining inventory and sales of goods. In this case, the researcher uses the Economic Order Quantity (EOQ) EOQ provides a reference regarding the number of purchases or orders of goods with minimum cost. Meanwhile, to determine the number of future sales, researchers used the Linear Regression method, which looks at the relationship between sales as a response variable and the sales period as a predictor variable. The results of this study can be used to estimate the amount of quantity each time order of goods and predict the number of sales in the next period.
format Conference or Workshop Item
author Manaf, Khaerul
Cecep Nurul, Alam
Subaeki, B
Khaffah, M.F.
Ira, Rupaida
Aedah, Abd Rahman
author_facet Manaf, Khaerul
Cecep Nurul, Alam
Subaeki, B
Khaffah, M.F.
Ira, Rupaida
Aedah, Abd Rahman
author_sort Manaf, Khaerul
title Decision Support System for Determining Inventory and Sales of Goods Using Economic Order Quantity Methods and Linear Regression
title_short Decision Support System for Determining Inventory and Sales of Goods Using Economic Order Quantity Methods and Linear Regression
title_full Decision Support System for Determining Inventory and Sales of Goods Using Economic Order Quantity Methods and Linear Regression
title_fullStr Decision Support System for Determining Inventory and Sales of Goods Using Economic Order Quantity Methods and Linear Regression
title_full_unstemmed Decision Support System for Determining Inventory and Sales of Goods Using Economic Order Quantity Methods and Linear Regression
title_sort decision support system for determining inventory and sales of goods using economic order quantity methods and linear regression
publishDate 2020
url http://ur.aeu.edu.my/819/1/khaerul2020.pdf
http://ur.aeu.edu.my/819/
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score 13.211869