Endang Sugiharti, Mustafid, R. Rizal Isnanto, Budi Warsito, Adi Wibowo
Periodic Review as a method is widely used especially in inventory system. In this paper Quasi Monte Carlo is used for simulating Periodic Review. The problem: How to implement Quasi Monte Carlo simulation in Periodic Review for inventory system of MSMEs in order to achieve the expected minimum inventory cost? The solution offered: Implementation of Periodic Review with Quasi Monte Carlo in inventory system in MSMEs in order to achieve the expected minimum inventory cost. The method used in this article is a Literature Study on the use of Periodic Review optimization with Quasi Monte Carlo which is implemented in the inventory system. Result: Through the use of Quasi Monte Carlo in Periodic Review in Inventory System, the minimum inventory cost expected by MSMEs is achieved. © The Authors, published by EDP Sciences, 2023.
Doctoral Program of Information System, Universitas Diponegoro, Semarang, Indonesia; Universitas Negeri Semarang, Semarang, Indonesia
Research at a Glance
Register to unlock
Topics & SDG Alignment
Register to unlock
Collaboration
Register to unlock
Author Profile (Selected)
Register to unlock
References Overview
Register to unlock
Journal & Source
Register to unlock
Metadata & Integrity
Register to unlock