Application of the Monte Carlo Method in Predicting Customer Frequency in Micro-Scale Laundry Business
DOI:
https://doi.org/10.59934/jaiea.v5i2.2032Keywords:
Monte Carlo, Simulation, Probabilistic model, Customer frecuency prediction, micro-scaleAbstract
The main challenge for micro-scale laundry businesses is the variability and uncertainty in daily customer frequency, which directly impacts operational efficiency and resource planning. This study aims to model and predict the average customer frequency using the Monte Carlo Simulation. One hundred days of historical data were processed to determine the customer arrival probability distribution. The simulation was run for 5,000 iterations, resulting in a predicted average daily customer frequency of 20.57 customers/day. This value is proven valid and slightly above the historical expectation. The conclusion indicates that the Monte Carlo Method is an effective tool for modeling systems with high uncertainty. This quantitative prediction provides a strong basis for the business owner to effectively optimize employee scheduling and inventory management of raw materials.
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