Solid waste policy in the United States produce large amounts of waste in small areas. For example, EPA reports that a single dairy cow produces approximately 120 pounds of wet manure per day equaling to that of 20-40 people. The main problems of animal waste mismanagement are environmental, especially water pollution. Industrial waste consists of a significant amount of solid waste. EPA reported that each year United States industrial facilities generate and dispose of approximately 7.6 billion tons of industrial solid waste based on 1980s figures. This figure includes waste generated from 17 industrial manufacturers of organic chemicals, inorganic chemicals, iron and steel, plastics and resins, stone,
Economic production quantity can notice from the equations above that the total ordering cost decreases as the production quantity increases. Inversely, the total holding cost increases as the production quantity increases. Therefore, in order to get the optimal production quantity we need to set holding cost per year equal to ordering cost per year and solve for quantity (Q), which is the EPQ formula mentioned below. Ordering this quantity will result in the lowest total inventory cost per year. Economic production quantity The economic production quantity model (also known as the EPQ model) determines the quantity a company or retailer should order to