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Determination Of Eoq Of Multi-Item Inventory Problems Through Nonlinear Goal Programming With Penalty Function

Author

Listed:
  • S. PANDA

    (Department of Mathematics, Bengal Institute of Technology, 1. no. Govt. Colony, Kolkata 700150, West Bengal, India)

  • K. BANERJEE

    (Department of Mathematics, University of Kalyani, Kalyani 741235, West Bengal, India)

  • M. BASU

    (Department of Mathematics, University of Kalyani, Kalyani 741235, West Bengal, India)

Abstract

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.

Suggested Citation

  • S. Panda & K. Banerjee & M. Basu, 2005. "Determination Of Eoq Of Multi-Item Inventory Problems Through Nonlinear Goal Programming With Penalty Function," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 22(04), pages 539-553.
    • Handle: RePEc:wsi:apjorx:v:22:y:2005:i:04:n:s0217595905000728
    DOI: 10.1142/S0217595905000728
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    References listed on IDEAS

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    1. anonymous, 1993. "Bulgarian banking reform faces major obstacles," Economics Update, Federal Reserve Bank of Atlanta, issue Apr, pages 1-2,10.
    2. Fernando Cabral & Alexandre Lago & Jason A. C. Gallas, 1993. "A Picture Book Of Two Families Of Cubic Maps," International Journal of Modern Physics C (IJMPC), World Scientific Publishing Co. Pte. Ltd., vol. 4(03), pages 553-568.
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    Cited by:

    1. Gaurav Nagpal & Udayan Chanda & Himanshu Seth & Namita Ruparel, 2022. "Inventory Replenishment Policies for Two Successive Generations of Technology Products Under Permissible Delay in Payments," International Journal of Information Systems and Supply Chain Management (IJISSCM), IGI Global, vol. 15(1), pages 1-29, January.

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    More about this item

    Keywords

    EOQ; NLGP; penalty functions;
    All these keywords.

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