An economic order quantity model for growing items with imperfect quality and Budget capacity constraint to limit the purchase

Abstract

This paper examines an inventory system for growing items, so that the new-born
items are fed to reach the ideal weight for consumers after which they are slaughtered. All the
slaughtered items are gone through the screening process so that we could identify the good
quality items from those of imperfect quality. So the shortage is occurring and the shortages are
fully backordered. And also this paper develops the model under the concept of proper disposal
of animal mortality during their growth period. Due to the certain circumstances the animals are
fall into the sick and dead, and for the environmental concern they are properly disposed from
their places. To encourage the purchasing companies the supplier offers the incremental
quantity discounts but it will leads to increase the holding cost of the purchasing company and
this problem is sort out by using budget capacity constraint. So that the main aim of this
proposed model is to reduce the total cost of the system.