Application of Economic Order Quantity (EOQ) and Economic Production Quantity (EPQ) Methods to Realize the Efficiency of Raw Material Inventory Costs
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Aug 27, 2025
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Abstract
The research on the Fish Meatballs CV. Sinar Bahari Indonesia highlights that they currently order raw materials using traditional methods based on estimates, without employing the Economic Order Quantity (EOQ) or Economic Production Quantity (EPQ) methods. This leads to ineffective control of fish raw materials and high total inventory costs. Implementing the EOQ method can improve inventory cost management by saving on ordering, storage, and shortage costs. Similarly, applying the EPQ method can enhance production cost efficiency by optimizing the order quantity based on production needs. Using these methods can result in significant savings and more effective control of inventory costs for the company.
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References
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Sandi Prima Naibaho, Siti Rahmah Sibuea, Bonar Harahap. (2024). Application of the Economic Production Quantity (EPQ) Method to Calculate the Optimal Production Control Level for Coffee Beans https://jurnal.ilmubersama.com/index.php/blendsains/article/view/502
Suryani, V. N., Daniati, R. R., & Kustiningsih, N. (2022). Application of the EOQ method as inventory control for raw materials at Serendipity Snack SME. Journal of Accounting and Financial Issues (JAFIS) https://ejournalwiraraja.com/index.php/JAFIS/article/view/2038
Taufiq Ulin Nuha. (2023). Product Inventory Planning Using Always Better Control (ABC) Analysis and Economic Order Quantity (EOQ) and Economic Production Quantity (EPQ) Methods https://repository.unissula.ac.id/19929/
Theresiana Gunawan Onsu et al.(2024). Analysis of Raw Material Inventory Using the EOQ Method for Cost Efficiency at PT. Motto Suralindo Chemika Jakarta https://ejournal.unsrat.ac.id/v3/index.php/lppmekososbudkum/article/view/54030
Wa Asrida and Nicodemus Rahabeat. (2022). Analysis of Raw Material Inventory Control for Linggua Wood in the Furniture Home Industry in Nania Village, Ambon City (Case Study at Rahmi Furniture) https://www.ejournal-polnam.ac.id/index.php/JurnalManeksi/article/view/1645
Zehan Maulana, Ade Momon Subagyo. (2023). Application of Economic Order Quantity to Improve Raw Material Inventory Efficiency at CV. ZLD https://ojs.serambimekkah.ac.id/jse/article/view/5505
Desi Mayasari and Supriyanto. (2022). Analysis of Raw Material Inventory Control Using the EOQ (Economic Order Quantity) Method at PT Suryamas Lestari Prima https://bis-a.plm.ac.id/index.php/bis-a/article/view/10
Dony Saputra et.al. (2023). Operations Management (Innovation, Opportunities, and Challenges of the Creative Economy in Indonesia). https://www.google.co.id/books/edition/MANAJEMEN_OPERASI_Inovasi_Peluang_dan_Ta/ZRvnEAAAQBAJ?hl=id&gbpv=0
Gitta Evangelista et.al. (2024). Inventory Control of Fresh Fruit Bunches with Economic Order Quantity and Economic Production Quantity Methods https://jurnal.untan.ac.id/index.php/jbmstr/article/view/77790/75676601437
Mohammad Ulil Kirom, I Kadek Dwi Nuryana.(2024). Application of Raw Material Inventory Control Using the Economic Order Quantity (EOQ) Method to Increase Production Efficiency at the Kabul Group Tofu Factory https://ejournal.unesa.ac.id/index.php/JEISBI/article/view/58901
Nikmaturrahmah. (2023). Analysis of Raw Material Inventory Control Using the Min Max Method and Economic Order Quantity (EOQ) at UD. Raja Gizi. https://rama.unimal.ac.id/id/eprint/763/
Nusaibah, N., Maulid, D. Y., Fiyari, A. Y., & Kartika, K. (2020). Characteristics of Frozen Black Marlin Meat Quality at PT. Sinar Sejahtera Sentosa Jakarta. Marlin, 1(1), 17-23.https://doi.org/10.15578/marlin.v1.i1.2020.17-23
Parta Telaumbanua, Jeliswan Berkat Iman Jaya Gea, Yulisman Zega.(2022).Application of the Economic Production Quantity Method in Minimizing Operational Costs at UD. Tinus Hilisebua Village https://ejournal.unsrat.ac.id/index.php/emba/article/view/44012
Ratningsih. (2021). Application of the Economic Order Quantity (EOQ) Method to Improve the Efficiency of Raw Material Inventory Control at CV Syahdika https://ejournal.bsi.ac.id/ejurnal/index.php/perspektif/article/view/11342
Sandi Prima Naibaho, Siti Rahmah Sibuea, Bonar Harahap. (2024). Application of the Economic Production Quantity (EPQ) Method to Calculate the Optimal Production Control Level for Coffee Beans https://jurnal.ilmubersama.com/index.php/blendsains/article/view/502
Suryani, V. N., Daniati, R. R., & Kustiningsih, N. (2022). Application of the EOQ method as inventory control for raw materials at Serendipity Snack SME. Journal of Accounting and Financial Issues (JAFIS) https://ejournalwiraraja.com/index.php/JAFIS/article/view/2038
Taufiq Ulin Nuha. (2023). Product Inventory Planning Using Always Better Control (ABC) Analysis and Economic Order Quantity (EOQ) and Economic Production Quantity (EPQ) Methods https://repository.unissula.ac.id/19929/
Theresiana Gunawan Onsu et al.(2024). Analysis of Raw Material Inventory Using the EOQ Method for Cost Efficiency at PT. Motto Suralindo Chemika Jakarta https://ejournal.unsrat.ac.id/v3/index.php/lppmekososbudkum/article/view/54030
Wa Asrida and Nicodemus Rahabeat. (2022). Analysis of Raw Material Inventory Control for Linggua Wood in the Furniture Home Industry in Nania Village, Ambon City (Case Study at Rahmi Furniture) https://www.ejournal-polnam.ac.id/index.php/JurnalManeksi/article/view/1645
Zehan Maulana, Ade Momon Subagyo. (2023). Application of Economic Order Quantity to Improve Raw Material Inventory Efficiency at CV. ZLD https://ojs.serambimekkah.ac.id/jse/article/view/5505