John W. Watson

Inventory Control Methods in a Long-Term Care Pharmacy

Comparisons and Time-Series Analyses

• Broschiertes Buch

Produktbeschreibung

Current inventory theory is based on the economic order quantity (EOQ) model. This model is based on use of simulated data and unrealistic formulae. Inventory replenishment processes are therefore commonly disrupted, and out-of-stock (OOS) events are unnecessarily frequent. This book details a quantitative, quasi-experimental, single-case study, OOS events at a large-volume, long-term care pharmacy with the goal of determining the best inventory control method to reduce OOS events. The case study compared four sequentially applied methods of inventory control: (a) a manual system without Six Sigma protocol, (b) a manual system with Six Sigma protocol, (c) a computer-assisted system with Six Sigma protocol, and (d) an automated system with Six Sigma protocol. Each inventory control method was applied and OOS data was recorded for an 11-week period. The case study uses this empirical data for hypothesis testing and statistical analyses to arrive at conclusions that are significant contributions to existing inventory theory.

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Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Seitenzahl: 160
• Erscheinungstermin: 10. August 2018
• Englisch
• Abmessung: 220mm x 150mm x 10mm
• Gewicht: 257g
• ISBN-13: 9783659661914
• ISBN-10: 3659661910
• Artikelnr.: 53783306

Autorenporträt

John W. Watson ha conseguito la laurea in Farmacia presso l'Università della Carolina del Nord a Chapel Hill nel 1987. Ha conseguito il dottorato in amministrazione aziendale presso la Northcentral University nel 2013, dove ha ricevuto il prestigioso Author of Excellence Award per la sua tesi di dottorato.