Implementation of Autoregressive Integrated Moving Average Model to Forecast Raw Material Stock in The Digital Printing Industry

Author

Dwi Asa Verano, Husnawati Husnawati, Ermatita Ermatita

Abstract

The technology used in the printing industry is currently growing rapidly. Generally, the digital printing industry uses raw materials in the form of paper production. The use of paper material with large volumes is clear badly in need of purchasing large quantities of paper stock as well. The purchase of paper stocks with a constant amount at the beginning of each month for various types of paper causes a buildup or lack of material stock standard on certain types of paper. During this time the purchase and ordering of raw materials only based on the estimates or predictions of the owner. In this paper proposed forecasting will be carried out in the digital printing industry by applying the ARIMA model for each type of raw material paper with the Palembang F18 digital printing case study. The ARIMA modeling applied will produce different parameters for each materials paper type so as to produce forecasting with the Akaike Information Criterion (AIC) value averages 13.0294%.

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References


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DOI: http://dx.doi.org/10.25126/jitecs.202051117