Inventory Control Using Forcasting Method: Moving Average and Exponential SmoothingForcasting
Abstract
Analysis and Design of Inventory Control Information Systems using the Forcasting method in order to minimize errors in providing stock items, and increase sales in a cost efficient manner so as not to waste more costs. The method used is to use 2 (two) modules, namely: Single Moving Average and Single Exponential Smoothing which are used in the forecasting calculation process to determine future stock of goods and have a connection with the system. By analyzing sales data that is in order to minimize errors in excess stock of goods that waste extra costs. By using 2 (two) modules we can estimate the items that will be in stock and the results will be summarized in the report.