A single item, single cycle economic production quantity model for perishable products is proposed where the demand is two-component and stock dependent. The production inventory scenario of products like cake, bread, fast foods, fishes, garments, cosmetics etc in the festival season is...

This paper proposes a nonlinear goal programming technique for obtaining economic order quantity of multi-item inventory problems. In the decision-making context, penalty functions are incorporated in the goal programming formulation. The proposed technique has been demonstrated via a case study.

Impact of display stock has been extensively discussed in literature in terms of stock dependent demand rate. In some recent papers a three-component inventory level dependent demand (as displayed stock level (DSL)) has been proposed. It has been assumed that demand is independent of...