An inventory model for optimizing purchasing of intravenous fluids for hospitals: a case study

J Med Syst. 1991 Apr;15(2):171-81. doi: 10.1007/BF00992708.

Abstract

This paper deals with determining the optimal level of purchase of intravenous fluids for hospitals by utilizing inventory control concepts. Using the conceptual framework of the economic order quantity (EOQ) model, the hospital administrators can elicit the efficient materials management, thus reducing both the space and capital requirements without compromising the quality of services rendered.

MeSH terms

  • Costs and Cost Analysis
  • Data Collection / methods
  • Hospital Bed Capacity, 100 to 299
  • Hospitals, Pediatric / organization & administration
  • Hospitals, Teaching / organization & administration
  • Infusions, Intravenous* / economics
  • Inventories, Hospital / methods*
  • Missouri
  • Models, Theoretical*
  • Purchasing, Hospital / organization & administration*