2020
DOI: 10.3329/dujs.v68i1.54598
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A Procedure for Scheduling Inventory of an Industry by Merging Forecasting and Linear Programming

Abstract: In this paper, we develop a mathematical model combining forecasting and linear programming for a business organization of Bangladesh to calculate optimum order quantity and inventory cost. We test the model using raw data of the demand for the raw materials and spare inventory for the industry and find out minimum total inventory cost along with ordering cost and inventory holding cost. The developed model make a match between the forecasted demand of raw materials and spare inventory and the minimum total co… Show more

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Cited by 1 publication
(2 citation statements)
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“…The findings show that Bangladeshi tertiary EFL students' overall writing proficiency level (OWPL) is below par. The current study shows an increase in Bangladeshi tertiary EFL students' overall writing proficiency level (OWPL) when compared to a related study by Reza (2019), but a significantly lower level when compared to other worldwide contexts. Teachers might adjust their instructional strategies and assist students in developing their writing skills based on the presented findings of the current study.…”
Section: Conclusion and Implicationcontrasting
confidence: 42%
See 1 more Smart Citation
“…The findings show that Bangladeshi tertiary EFL students' overall writing proficiency level (OWPL) is below par. The current study shows an increase in Bangladeshi tertiary EFL students' overall writing proficiency level (OWPL) when compared to a related study by Reza (2019), but a significantly lower level when compared to other worldwide contexts. Teachers might adjust their instructional strategies and assist students in developing their writing skills based on the presented findings of the current study.…”
Section: Conclusion and Implicationcontrasting
confidence: 42%
“…Ur (1996) and Nunan (2015) both claim that writing is a tool for students' intellectual development. However, writing is "the largest and the most multifaceted language component" of the four fundamental language abilities (Reza, 2019). Writing well avoids repetition and omits superfluous information (Haugh & Duhamel, 1962).…”
Section: Writingmentioning
confidence: 99%