International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064

Downloads: 148 | Views: 160

Case Studies | Mathematics | Indonesia | Volume 6 Issue 3, March 2017

Inventory Planning Under Uncertainty Demand

Rahmi Wahidah Siregar | Sri Devi Merkasih.P | Nasmiati Hasibuan

Abstract: The sales forecast is a prerequisite for the inventory decisions in the practical life. The right selection of the forecasting model to improve the inventory management can increase the customer service level and determine a better performance for the supply chain. The forecast performance should not only be evaluated by its standard error, but also its impact in the organization performance measures. The sales forecast should not be considered an individual function, but as an important part of supply chain management. By using simulation, managers are able to create a model of their supply chain systems and test various levels of input that can emulate real-life inconsistencies. We assume that we can model the supply chain as a network that each stage in the supply chain operates with a periodic review base-stock policy, that demand is bounded and that there is guaranteed service time between every stage and its customers. This study uses the analytic solver program in excel that does the randomization process on the variable demand.

Keywords: Uncertainty Demand, Forecasting Model, Inventory Planning

Edition: Volume 6 Issue 3, March 2017,

Pages: 1498 - 1501

How to Download this Article?

Type Your Email Address below to Download the Article PDF

How to Cite this Article?

Rahmi Wahidah Siregar, Sri Devi Merkasih.P, Nasmiati Hasibuan, "Inventory Planning Under Uncertainty Demand", International Journal of Science and Research (IJSR), Volume 6 Issue 3, March 2017, pp. 1498-1501,

Similar Articles with Keyword 'Uncertainty Demand'

Downloads: 104

Informative Article, Mathematics, Indonesia, Volume 5 Issue 5, May 2016

Pages: 1308 - 1311

Inventory Simulation under Uncertainty Demand with Conditional Distribution

Meriandela Angkat | Wita Handayani | Rinnasa Perangin Angin

Share this Article

Downloads: 109

Case Studies, Mathematics, Indonesia, Volume 4 Issue 11, November 2015

Pages: 1769 - 1771

Supply Chain Model on Uncertainty Demand

Dewi Gusti | Lolyta Damora Simbolon | Yuan Anisa | Liza Setyaning Pertiwi [11]

Share this Article