Abstract
In the era of globalization, industry and trade in Indonesia face fierce competition. Technological advances require quality human resources from formal and non-formal educational institutions with supporting facilities. This research focuses on solving safety stock problems using the Exponential Smoothing and Moving Average methods. Due to the current changing market demand, the results of data processing carried out using the Quality Management (QM) program for Windows show that the forecasting method with the Moving Average approach has the highest Mean Absolute Percentage Error (MAPE) value of 16.03%, while the Exponential Smoothing method has a MAPE value of 13.7%. So with this, the lowest MAPE value is in the forecasting method with the Exponential Smoothing approach of 13.7%. Keywords: Demand Forecasting, Exponential Smoothing Method, Moving Average Method, MAPE, Safety Stock
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.
