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Pharmaceutical Inventory Forecasting At The Wright-Patterson Medical Center, Patrick J. Reymann
Pharmaceutical Inventory Forecasting At The Wright-Patterson Medical Center, Patrick J. Reymann
Theses and Dissertations
This research was conducted to determine the accuracy of statistical forecasting techniques forecasting the inventory of pharmaceutical items. Because pharmaceutical items are subject to a degree of seasonality of demand, the Director of Medical Logistics at the Wright-Patterson Medical Center believed that the use of such techniques may provide a more accurate forecast for the items stocked by the Outpatient Pharmacy. In addition to the technique used by the Outpatient Pharmacy (the 12 month simple moving average) three statistical forecasting methods were employed: the 6 month simple moving average, simple exponential smoothing, and the Winter's exponential smoothing. These techniques were …
An Evaluation Of The Appropriateness Of The Defense Logistics Agency's Model Requirements Model, Harry A. Berry, Edward E. Tatge
An Evaluation Of The Appropriateness Of The Defense Logistics Agency's Model Requirements Model, Harry A. Berry, Edward E. Tatge
Theses and Dissertations
This thesis discusses the appropriateness of the Defense Logistics Agency's (DLA) requirements model in managing consumable support for Air Force peculiar items. Currently, DLA uses a lot sizing technique referred to as the classic Economic Order Quantity, (EOQ) model. One of the key assumptions of this model is that demand is constant and continuous. Yet with Air Force bases using a lot sizing technique to place their demands for consumable items to DLA, it is apparent that the demand pattern that DLA faces, at least for Air Force peculiar items, is not constant and continuous. This study looks at the …