A Practical Economic Order Quantity Model for Growing Items with Edible Yield and Constraints in Poultry Farming

Growing items like chicken broilers play a critical role in consumption baskets; however, their real characteristics have been neglected in the research focusing on inventory models such as economic order quantity (EOQ). Mainstream research conducted in this field considers an approximation of the edible rate of chicken broilers in cost analysis. On the other hand, this subject was the objective of other research, and the function that represents the relationship between the weight and age of broilers was derived through extensive research. This study proposes an EOQ model that considers a realistic function for extracting the exact value of edible parts of broilers and the correct form of feeding function that is dependent on their age. In other words, this study not only addresses the challenge arising in the estimation of the edible part of broilers but also introduces another function to obtain the correct amount of feeding and nurturing cost of broilers. Solution methodology encompasses these mathematical functions and then provides a straightforward framework to find the optimal solution. An exact heuristic solution is obtained that considers the real factors, and then the approach is applied to case studies, and insights are derived to manage real situations for corporations.