Abstract
The aim of this study is to determine the effect of the Economic Order Quantity (EOQ) method in inventory control, in terms of inventory profitability and non-financial performance (production efficiency, timely delivery, product quality). The research is descriptive with a quantitative approach. This study calculates the optimal inventory raw materials of chicken, beef, and lamb. The EOQ is more optimal and efficient, showed by the ordering cost difference is Rp 702,000,-, the total storage cost difference is Rp 2,863,917, -, the difference between the total purchase cost is Rp 57,278,334, -, and the difference in the total cost of inventory is Rp. 3,565,917,-. By using the EOQ method, Royal Tulip can save a total cost of Rp 64,410,168,-.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
