TY  - THES
T1  - A study on the production planning of Philippine Stylene and PVC Manufacturing Corporation
A1  - Garcia, Maeleen
A2  - Sumalabe, Marian
LA  - English
PP  - Diliman, Quezon City
PB  - College of Engineering
YR  - 2004
UL  - https://ds.mainlib.upd.edu.ph/Record/UP-99796217610663246
AB  - Philippine Stylene and PVC Manufacturing Corporation is a quality supplier of rigid plastic sheets that are commonly used for advertising signs and boards. One of its advantages over other rigid plastic sheets manufacturers is its prompt delivery of their products to its customers. In order to maintain such level of service to their customers, the company keeps high levels of inventory for their products. This study will tackle 2 problems experienced by the company. These are no forecasting made and undetermined optimal finished goods inventory level. Information needed to examine these problems were gathered from interviews with the plant manager, observations in the plant site by the group and review of historical data of the company. With these at hand, the group was able to come up with possible solutions to these problems. The company doesn't employ any king of forecasting technique because they feel that they can meet the customer demands in time. The group has presented a forecasting technique that is applicable to the data given by the company, which is the moving average technique. If more data sets were given, other forecasting techniques such as exponential smoothing and multiplicative seasonality can be used. It is important to determine which appropriate forecasting technique must be used in order to get values that will most likely represent the demand for the succeeding periods. The company uses "gut feel: approach in determining the inventory levels for finished goods. In determining the stocking level to be maintained, factors such as the demand of the products and holding costs incurred in keeping the inventory should be considered. The EOQ for each product type is determined. EOQ is the order size that minimizes total cost. In addition to EOQ, holding costs for each product type under EOQ system are calculated. With the proposed system, the company an save as much as PhP 190, 545.80 every two weeks. The group also provided some details on how to improve the company's inventory management.
NO  - IE 151
NO  - Feasibility study
CN  - LG 993 2004 E66 G37
KW  - Philippine Style and PVC Manufacturing Corporation.
KW  - Pipe industry.
KW  - Production engineering.
ER  -