A MODEL OF BUFFER STOCK FOR RAW SUGAR COMMODITY USING WAREHOUSE RECEIPT SCHEME AND DETERIORATION PRODUCT CONSIDERATION
White sugar is one of important agricultural commodities in Indonesia, that is included in the nine of staple food (sembako). The major issue is the disparity in supply which is one of the trigger price fluctuations in the market. Disparity of Supply and price will lead to losses for all stakeholder...
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Format: | Theses |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/14925 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
Summary: | White sugar is one of important agricultural commodities in Indonesia, that is included in the nine of staple food (sembako). The major issue is the disparity in supply which is one of the trigger price fluctuations in the market. Disparity of Supply and price will lead to losses for all stakeholders such as producer, government and consumer. In the previuos researchs, buffer stock model by combining the warehouse receipt scheme to solves disparities in supply and prices of food commodities have been developed with assuming that the product in inventory does not deteriorate. Ideal storage conditions is difficult to obtain sugar, thus causing the decline in value in terms of quality and quantity of sugar during storage. <br />
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This research develops a model to determine of buffer stock and warehouse receipt system scheme by considering the deterioration of sugar to maximaze total benefit of system. BLUPP (the public service institution for staple food buffer stock) was proposed as intermediary between producen and customer and warehouse receipt system scheme is used as a source of capital for BLUPP. Performance criteria in this research is maximized total benefits system. The resulting model is a mathematical model. The results of model test showed that the proposed model can be used to solve the problem disparity supply and price, and has provided the level of inventory accuracy during storage. There is a difference of 1.52% of total benefits if the system does not consider the deterioration of sugar, so that deterioration of sugar in the buffer stock and warehouse receipts model need to be considered. |
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