Abstract:
This article discusses the solution of inventory problems using EOQ multi-item
model and Monte Carlo simulation to determine problem solving techniques that
can be used to managing inventory. EOQ multi-item model gives an optimal solution
so that it can be saving the cost of inventory. Monte Carlo simulation is an
alternatives technique that are associated with uncertainty or probability which is in
the solution used past data and variable random to predict inventory in the future.
Therefore, EOQ multi-item model and Monte Carlo simulation are problem solving
technique that can be used to managing inventory.
