A study on the implementation of economic order quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch / Mohd Azrai Naim Mohd Mawardi

The objective of this research is to study the implementation of Economic Order Quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch. This research is more focusing on Lamp Fluorescent PLL 36 watt which is engaged with the shortage problem. This item is important for company’s operation as it cate...

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Main Author:	Mohd Mawardi, Mohd Azrai Naim
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2013
Subjects:	Management. Industrial Management Production management. Operations management
Online Access:	http://ir.uitm.edu.my/id/eprint/20513/ http://ir.uitm.edu.my/id/eprint/20513/1/PPb_MOHD%20AZRAI%20NAIM%20MOHD%20MAWARDI%20BM%20T%2012_5.pdf

id	uitm-20513
recordtype	eprints
spelling	uitm-205132018-07-30T02:28:47Z http://ir.uitm.edu.my/id/eprint/20513/ A study on the implementation of economic order quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch / Mohd Azrai Naim Mohd Mawardi Mohd Mawardi, Mohd Azrai Naim Management. Industrial Management Production management. Operations management The objective of this research is to study the implementation of Economic Order Quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch. This research is more focusing on Lamp Fluorescent PLL 36 watt which is engaged with the shortage problem. This item is important for company’s operation as it categorized as a fast moving item because the usage of the item for hospital facilities maintenance is very high. From the researcher opinion during the practical training period, the researcher aware that there is lack of awareness from management regarding inventory cost where they are more focusing on other matters. The purpose of doing this study is to determine the economic order quantity of the subject item in order to find the optimal quantity orders thus to calculate the total annual inventory cost. The researcher finds the optimal order quantity for the subject item is 518 units. For the total annual inventory cost, it has been estimated in this study for RM 43483.60, the expected number of order per year is 6, and the expected number between orders is 52 days. The conclusion from this study is with the proper EOQ techniques, the management could have an optimal quantity number per order instead of inconsistence quantity orders in current practice. The management also could have the estimation cost for inventory management in order to minimize the excessive cost thus maximize the profit. Faculty of Business and Management 2013 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/20513/1/PPb_MOHD%20AZRAI%20NAIM%20MOHD%20MAWARDI%20BM%20T%2012_5.pdf Mohd Mawardi, Mohd Azrai Naim (2013) A study on the implementation of economic order quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch / Mohd Azrai Naim Mohd Mawardi. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Management. Industrial Management Production management. Operations management
spellingShingle	Management. Industrial Management Production management. Operations management Mohd Mawardi, Mohd Azrai Naim A study on the implementation of economic order quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch / Mohd Azrai Naim Mohd Mawardi
description	The objective of this research is to study the implementation of Economic Order Quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch. This research is more focusing on Lamp Fluorescent PLL 36 watt which is engaged with the shortage problem. This item is important for company’s operation as it categorized as a fast moving item because the usage of the item for hospital facilities maintenance is very high. From the researcher opinion during the practical training period, the researcher aware that there is lack of awareness from management regarding inventory cost where they are more focusing on other matters. The purpose of doing this study is to determine the economic order quantity of the subject item in order to find the optimal quantity orders thus to calculate the total annual inventory cost. The researcher finds the optimal order quantity for the subject item is 518 units. For the total annual inventory cost, it has been estimated in this study for RM 43483.60, the expected number of order per year is 6, and the expected number between orders is 52 days. The conclusion from this study is with the proper EOQ techniques, the management could have an optimal quantity number per order instead of inconsistence quantity orders in current practice. The management also could have the estimation cost for inventory management in order to minimize the excessive cost thus maximize the profit.
format	Student Project
author	Mohd Mawardi, Mohd Azrai Naim
author_facet	Mohd Mawardi, Mohd Azrai Naim
author_sort	Mohd Mawardi, Mohd Azrai Naim
title	A study on the implementation of economic order quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch / Mohd Azrai Naim Mohd Mawardi
title_short	A study on the implementation of economic order quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch / Mohd Azrai Naim Mohd Mawardi
title_full	A study on the implementation of economic order quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch / Mohd Azrai Naim Mohd Mawardi
title_fullStr	A study on the implementation of economic order quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch / Mohd Azrai Naim Mohd Mawardi
title_full_unstemmed	A study on the implementation of economic order quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch / Mohd Azrai Naim Mohd Mawardi
title_sort	study on the implementation of economic order quantity (eoq) at radicare (m) sdn bhd temerloh branch / mohd azrai naim mohd mawardi
publisher	Faculty of Business and Management
publishDate	2013
url	http://ir.uitm.edu.my/id/eprint/20513/ http://ir.uitm.edu.my/id/eprint/20513/1/PPb_MOHD%20AZRAI%20NAIM%20MOHD%20MAWARDI%20BM%20T%2012_5.pdf
first_indexed	2023-09-18T23:04:46Z
last_indexed	2023-09-18T23:04:46Z
_version_	1777418409191931904

A study on the implementation of economic order quantity (EOQ) at Radicare (M) Sdn Bhd Temerloh Branch / Mohd Azrai Naim Mohd Mawardi

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