{"title":"水疗业务的库存建模:以phattaravadee zenity美容和水疗为例","authors":"Mantana Klumleantong, Porntep Khokhajaikiat","doi":"10.5481/KKUENJ.2013.40.1.7","DOIUrl":null,"url":null,"abstract":"The objective of this research is to formulate the inventory model of massage oil (15 ml), which is the main material and has been highly used in the company. The amount of raw material order depends on the estimation of raw materials used by the owner. The overestimation of raw material consumption leads to increase ordering costs, holding costs and taxes. From the study of raw material consumption in the past, it was found that the usage rate of raw material was normal distribution. Therefore, the raw material model can be forecasted by Time series forecasting model and Artificial neural network model. Then the best forecasting model has the minimum of mean absolute deviation. The forecasting demand is applied to find the most economic order quantity, ordering period and the appropriate ordering frequency. From this study, the results showed that the average Inventory of raw material and the average total cost (ordering cost, holding cost and tax) during May to August 2011 was reduced to 50.45 percent and 23.60 percent respectively.","PeriodicalId":37310,"journal":{"name":"Engineering and Applied Science Research","volume":"40 1","pages":"57-66"},"PeriodicalIF":0.0000,"publicationDate":"2013-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Inventory modeling for spa business: a case study of phattaravadee zenity beauty and spa\",\"authors\":\"Mantana Klumleantong, Porntep Khokhajaikiat\",\"doi\":\"10.5481/KKUENJ.2013.40.1.7\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The objective of this research is to formulate the inventory model of massage oil (15 ml), which is the main material and has been highly used in the company. The amount of raw material order depends on the estimation of raw materials used by the owner. The overestimation of raw material consumption leads to increase ordering costs, holding costs and taxes. From the study of raw material consumption in the past, it was found that the usage rate of raw material was normal distribution. Therefore, the raw material model can be forecasted by Time series forecasting model and Artificial neural network model. Then the best forecasting model has the minimum of mean absolute deviation. The forecasting demand is applied to find the most economic order quantity, ordering period and the appropriate ordering frequency. From this study, the results showed that the average Inventory of raw material and the average total cost (ordering cost, holding cost and tax) during May to August 2011 was reduced to 50.45 percent and 23.60 percent respectively.\",\"PeriodicalId\":37310,\"journal\":{\"name\":\"Engineering and Applied Science Research\",\"volume\":\"40 1\",\"pages\":\"57-66\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2013-05-15\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Engineering and Applied Science Research\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.5481/KKUENJ.2013.40.1.7\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"Engineering\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Engineering and Applied Science Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5481/KKUENJ.2013.40.1.7","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Engineering","Score":null,"Total":0}
Inventory modeling for spa business: a case study of phattaravadee zenity beauty and spa
The objective of this research is to formulate the inventory model of massage oil (15 ml), which is the main material and has been highly used in the company. The amount of raw material order depends on the estimation of raw materials used by the owner. The overestimation of raw material consumption leads to increase ordering costs, holding costs and taxes. From the study of raw material consumption in the past, it was found that the usage rate of raw material was normal distribution. Therefore, the raw material model can be forecasted by Time series forecasting model and Artificial neural network model. Then the best forecasting model has the minimum of mean absolute deviation. The forecasting demand is applied to find the most economic order quantity, ordering period and the appropriate ordering frequency. From this study, the results showed that the average Inventory of raw material and the average total cost (ordering cost, holding cost and tax) during May to August 2011 was reduced to 50.45 percent and 23.60 percent respectively.
期刊介绍:
Publication of the journal started in 1974. Its original name was “KKU Engineering Journal”. English and Thai manuscripts were accepted. The journal was originally aimed at publishing research that was conducted and implemented in the northeast of Thailand. It is regarded a national journal and has been indexed in the Thai-journal Citation Index (TCI) database since 2004. The journal now accepts only English language manuscripts and became open-access in 2015 to attract more international readers. It was renamed Engineering and Applied Science Research in 2017. The editorial team agreed to publish more international papers, therefore, the new journal title is more appropriate. The journal focuses on research in the field of engineering that not only presents highly original ideas and advanced technology, but also are practical applications of appropriate technology.