controlling the amount of product on hand to maximize the return on investment.
What is Inventory control?
100
Simple and effective manual technique used for ordering, control specific types of items.
What is colored or dated price stickers.
100
Once an item is shipped the ________ will communicate to the pharmacy about type of shipping, cost, amount of packages, and future dates of shipments of back-ordered items.
What is the supplier.
100
These are stations that hospital pharmacies often stock medications in dispensing units.
What is med stations supply station
100
list or catalog of drugs approved for use either within a hospital or for reimbursement form a third party payer.
What is Drug formularies
200
a mathematical calculation of the number of times the average inventory is replaced over a period of time.
What is inventory trunover rate?
200
Minimizes the total inventory cost.
What is economic order quantity EOC?
200
________ should be printed so that the pharmacy has a hard copy of the suppliers information about the order.
What is Confirmations.
200
Most drug products are received in _________
What is bulk "stock bottles"
200
This type of packaging goes from bulk containers to patient specific containers
What is unit of use packaging
300
-Miscounting the final inventory
-creating lables that are not easily read
-poorly marked or unmarked locations for storage
-improper storage due to poor lighting for storage
What is common inventory management errors?
300
Make it possible for pharmacies to maintain perpetual control of inventory.
What is computerized inventory system
300
The process of a pharmacy order is usually done via.
What is Computer, manually, or automatically.
300
It is important to stock items according to
"Must list all three"
What is Humidity, ventilation, light must all be taken into consideration.
300
______ is defined as the repackaging of a specific dosage and dosage form of medication at a given time.
What is Batch repackaging
400
One of the simplest and most widely used methods of inventory control.
What is want book.
400
Ordering products when a specific minimum level is reached and not exceed the maximum amount of stored products.
What is Min/Max level system
400
This order system show when its time to reorder materials.
What is perpetual inventory system.
400
When certain stocked is received by pharmacy it must be put up first.
What is freezer or refrigerated items
400
_______ is to eliminate therapeutic duplication and provide patients with the best drug at the lowest cost.
What is the purpose of formularies.
500
the most suitable, flexible, and open ended system on the market.
What is point of sale master (POS)
500
relies of maintenance of an ongoing usage and purchased history either on a card or paper system.
What is inventory record card system
500
one of the most important parts of pharmacy operation.
What is receiving.
500
Each drug should be stocked so that the ________ items should be taken first.