Browsing by Subject "Markov chain"
Now showing items 1-3 of 3
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Healthcare inventory management in the presence of supply disruptions and a reliable secondary supplier
(Springer, 2023-12)We study the inventory review policy for a healthcare facility to minimize the impact of inevitable drug shortages. Usually, healthcare facilities do not rely on a single source of supply, and alternative mechanisms are ... -
A healthcare inventory problem with both reliable and unreliable supply channels
(2016-05)In this study, we investigate the inventory review policy for a healthcare facility to minimize the impact of inevitable drug shortages when an alternative reliable supplier is present. A continuous-time stochastic process ... -
Mitigating the impact of drug shortages for a healthcare facility: An inventory management approach
(Elsevier, 2016-05-16)Despite the importance and value of the pharmaceutical market, a significant portion of procurement spending including pharmaceuticals are lost. Coupling poor and reactive management practices with the inevitable national ...
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