Article ID: | iaor20071082 |
Country: | Singapore |
Volume: | 22 |
Issue: | 4 |
Start Page Number: | 539 |
End Page Number: | 553 |
Publication Date: | Dec 2005 |
Journal: | Asia-Pacific Journal of Operational Research |
Authors: | Basu M., Panda S., Banerjee K. |
Keywords: | programming: goal |
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.