Abstract:Inventory management is a very important managerial function in the company's operations. Without inventory, business actors are faced with the risk that a company cannot meet the needs and desires of its customers, but if the company invests too much funds in inventory, it will cause excessive storage costs. This study aims to determine the amount of raw material inventory that is economical, to know the amount of raw material inventory to be provided, and to find out when to reorder raw materials at Surabaya… Show more
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