An Eco-friendly Inventory Model for Food Items to Reduce Quality Loss with Profit Maximization

The liberalization of the worldwide business and growing consumer demands, request the qualityoriented food production. Access to great quality food has been man's venture from the earlier days. A standout amongst the most difficult errands in today's sustenance industry is controlling the item‟s quality all through the food supply chain. The objective of this study is to optimize an inventory model concentrating on the quality of the food items with the deliberation on environment issues. Moreover the food waste from the industry is subjected to waste management. This strategy offers the firm with profit maximization. The total relevant cost of the model is minimized with the reduction of quality loss which is represented by a kinetic modeling function and the optimal values are found. A numerical example is presented to illustrate the advantage of the proposed model.