Research Journal of Applied Sciences
ISSN: Online 1993-6079ISSN: Print 1815-932x
Abstract
The purpose of this study is to determine the planning and control of printers and wristband so that the company can determine the optimum demand and whether the company can achieve the targets previously set. This study uses a quantitative approach through a survey to obtain the data. The methods of analysis used in this study are forecasting, EOQ and analysis of alternative solutions. The results of the study show that linear regression method is the most appropriate forecasting method used by companies to forecast demand for its products. The results of calculations using EOQ generate optimal number of orders for the company for each product. Further, analysis results employing selected alternative solutions generates appropriate alternatives for companies that implement the methods of forecasting and EOQ. By applying the alternatives, company can minimize costs incurred by the company.
How to cite this article:
Lim Sanny, Mandiri Utama Putri and Rianto Nurtjahjo. Analysis on the Business Development Strategy Based on Production Analysis: The Case of Wristband Company.
DOI: https://doi.org/10.36478/rjasci.2015.188.192
URL: https://www.makhillpublications.co/view-article/1815-932x/rjasci.2015.188.192