The present study investigates the hypothesis that complex object odors (odors that emanate from flowers, foods, sewage, etc.) that consist of dozens of odorants are processed and encoded as discrete entities, as if each was a single chemical odor. To test this hypothesis, the capacity of trained subjects to discriminate and identify the components of stimuli consisting of one to eight object odors was determined. The results indicated that subjects could only identify up to four object odors in a mixture, which is similar to earlier findings with mixtures that contained only single chemical odors. The limited capacity was also reflected in the number of odors selected, regardless of whether the choices were correct or incorrect, in confidence ratings, and in decision times. The identification of a Limited number of object odors in every mixture that was presented suggests that both associative (synthetic) and dissociative (analytic) processes are involved in the perceptual analysis of odor mixtures.