Abstract:
Inventory problem is about decide optimum value of how much and when its time
to order inventory. Variety kind of model has been designed to representing
several special cases. An important factor when design something inventory
model was demand nature. This study have applied inventory model deterministic
by using Economic Order Quantity model (EOQ) on petrol fuel to know optimum
value of quantity and time to order. Fuel demand is based on monthly receiving
petrol in Bandar Baru Selayang Fasa 2B PETRONAS service station. From
studies result, this model can indicate or signal petrol station entrepreneur to
know optimum quantity and reorder point to ensure fuel supply continuously to
customers apart from able smoothen business operation and generate profit.
