Medicinal Inventory Control in a University Health Centre

Ahmet Şatır · Dilek Cengiz

16 citations0/0 files storedJournal of the Operational Research Society

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Supply Chain and Inventory Management Management and Optimization Techniques Facility Location and Emergency Management

Abstract

This paper presents a stochastic, periodic-review model used to control the medicine inventories in a university health centre. Features and formulation of the model are discussed in terms of the stockout objective and the budgetary constraint. Demand and cost data used for the three medicine groups are provided. Findings of the study are analysed within the framework of sensitivity analysis, where the expected shortage levels for the medicine groups studied are taken as the performance criteria.

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References

1982Perishable Inventory Theory: A Review 1985Numerical Comparisons of Inventory Policies for Periodic Review Systems 1970Adaptive Limits in Inventory Control 1974Managerial inventory formulations with stockout objectives and fiscal constraints

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1994Using the tabu search method for the distribution of supplies in a hospital

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