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The Optimal Medical Device Order Strategy: An Improved EOQ Model in Hospital

  • Wei Yan
  • Yong Jiang
  • Huimin Duan
Conference paper
Part of the Lecture Notes in Electrical Engineering book series (LNEE, volume 269)

Abstract

Objective: To minimize total stock cost, we make an optimal strategy by which we can submit an appropriate order sheet. Methods: According to the properties of medical consumables,we list three strategy models: multi-variety in deterministic demand, solo variety in indeterminate demand and multi-variety in indeterminate demand.What’s more,we use improved EOQ model to calculate optimal order period and quantities. Results: We give some formulas which comprise all stock cost parameters.If these costs were confirmed,we can calculate an appropriate order sheet. Conclusion: A case has been shown to illustrate the method of our order strategy.

Keywords

Order form Stock Strategy EOQ (economic order quantity model) 

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Copyright information

© Springer Science+Business Media Dordrecht 2014

Authors and Affiliations

  1. 1.Department of Medical EngineeringThe Second Artillery General Hospital PLABeijingChina
  2. 2.Department of Medical EngineeringThe First Affiliated Hospital of the General Hospital PLABeijingChina

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