There Are Several Instances in Which Hospitals May Be Interested

question 19

Multiple Choice

There are several instances in which hospitals may be interested in the _________ method: (1) when there is frequent ordering, calling for stringent control; (2) when it is convenient to order many items from one supplier; (3) when serving the needs of discrete or irregular usage; (4) when there are large-volume orders that represent a large portion of the supplier's capacity; and (5) when storeroom balances are calculated only periodically. This will be a particularly important method for hospitals that move increasingly into assembly and "production" of their supplies.

• A) predetermined inventory level (PIL)
• B) Fulbright Order Quantity (FOQ)
• C) fixed order interval (FOI)
• D) fixed inventory level (FIL)
• E) professional order quantity (POQ)

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Definitions:

Management Performance Indicator

A metric used by organizations to evaluate the effectiveness and efficiency of managers in achieving business goals.

ISO14031

An international standard providing guidelines and suggestions for environmental performance evaluation within organizations.

Environmental Management Systems

Structured frameworks designed to help an organization manage its environmental responsibilities and improve environmental performance.

ISO 14005

A part of the ISO 14000 family of standards related to environmental management that guides the phased implementation of an environmental management system.