While the basic economic order quantity model has found some practical applications, it makes a number of assumptions … which do not reflect most real life inventory systems. This paper proposes an inventory system where the items ordered are … capable of growing during the course of the inventory replenishment cycle, for example livestock. Furthermore, it is assumed …

as multi-nomenclature) that minimises only the cost of inventory management. The cost of inventory is not included … scope of the models in the article is inventory management, with a limited number of stock keeping units. Time series data … costs of inventory management. …