A general ordering schedule for several items at the UPLB Supply and Property Management Office
Date
5-1988
Degree
Bachelor of Science in Applied Mathematics
College
College of Arts and Sciences (CAS)
Adviser/Committee Chair
Rolando E. Ramos
Abstract
Certainly, all managers are aware that inventories, which can be defined as any idle goods or materials that are waiting to be used, are necessary and important for the efficiency of business operations. Thus managers are faced with the duel problem of maintaining sufficient inventories to meet demand for goods and at the same time incurring the lowest possible inventory cost.
The economic Order Quantity (EOQ) model is the model to find that particular quantity to order which minimize total inventory costs. A general ordering schedule was made based on the values given by this model. Then, the present practice at the UPLB SPMO was compared to the general ordering schedule, and the letter is recommended for use.
The solution method illustrated above is fully illustrated by applying the EOQ model to the 17 items obtained at the UPLB Supply and Property Management Office (SPMO).
Language
English
Location
UPLB Main Library Special Collections Section (USCS)
Call Number
Thesis
Recommended Citation
Laurea, Easter Louise D., "A general ordering schedule for several items at the UPLB Supply and Property Management Office" (1988). Undergraduate Theses. 9965.
https://www.ukdr.uplb.edu.ph/etd-undergrad/9965
Document Type
Thesis