Optimization of an inventory system of an auto parts company

• Main Authors: Cabal, Ma. Kristina P., Chua, Maria Rufina R.
• Format: text
• Language: English
• Published: Animo Repository 2008
• Subjects: Inventory control; Auto Parts Company (Philippines)—Inventory control; Automobile supplies industry > Inventory control; Mathematics
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/5073
• Institution: De La Salle University

The objective of this research study is to determine the optimal inventory policy for the Auto Parts Company so that the minimum total cost can be achieved while satisfying all the demands. The Economic Order Quantity (EOQ) model and the Dynamic Programming (DP) technique were applied. In the EOQ mo...