“…A great deal of research works have been conducted by incorporating into the classical EPQ model factors encountered in real-life situations. Example of such factors include time value of money and credit facilities (Salameh et al, 2003), quality of the finished product (Salameh and Jaber, 2000;Khan et al, 2011a), cost and quality of the raw materials used in production (Salameh and El-Kassar, 2007;Yassine, 2016), deterioration (Bandaly and Hassan, 2019), supply chain considerations (Bandaly et al 2014(Bandaly et al , 2016Khan and Jaber, 2011), inspection errors and learning (Khan et al, 2014), as well as green and sustainable practices (Fornes et al, 2019;Lamba et al, 2019;Rani et al, 2018;Yassine, 2018).…”