Optimizing High-Value, Low Use INventory in Hospital Networks
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Abstract
Content
Problem Statement and Formulation
Concept Design
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General Design and Assumptions
Visual Logic/Code
Results Gathering
Results
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Stock-Outs
Expirations of Products
Inventory Levels: 25%
Inventory Level: 50%
Inventory Level: 75% and 100%
Transfer Week Interpretation and Recommendation
Conclusions
References
Future Considerations
Individual Transfer Windows and Capacities
Multiple "High-Volume" Hospitals
One-Way Transfers
Acknowledgements
Contact
One-Way Transfers
Currently the system exchanges products
Another option is to have the lower volume hospital transfer its close-to-expiration product to the high volume hospital and then order a new product instead of taking one back