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LAB MAN > MOD 10 > Flashcards

MOD 10 Flashcards

1
Q

a continual process of checking stock levels, rotating stock to ensure freshness, or ordering supplies in sufficient quantities to meet current needs and minimize carrying inventory

A

Inventory management

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2
Q

Inventory check levels:

A

Perpetual system
Periodic system
Random checks

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3
Q

inventory check level; keep account of the inventory each time a product is used

A

Perpetual system

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4
Q

inventory check level; stock level is counted once a week or in a specified time

A

Periodic system

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5
Q

inventory check level; used to document the value of supplies at a specific time

A

Random checks

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6
Q

Stock replenishment techniques:

A

Minimum-maximum

Just-in-time

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7
Q

SRT; establishing a set point (minimum) at which inventory is to be recorded and a “reorder to” maximum level to be maintained

A

Minimum-maximum

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8
Q

SRT; commitment is made by the supplier to guarantee delivery of an item at the exact moment of need

A

Just-in-time

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9
Q

Financial controls of inventory q’s”

A
  • what is the most economic quantity to order, from the pov of financial, storage, and delivery issues?
  • How can the institution take advantage of bulk purchase discounts?
  • what is the best time to place orders to both limit the amount of financial commitment and s=ensure adequate supplies?
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10
Q

Financial controls of inventory calculations:

A

Economic ordering quantity (EOQ)
Ecomonic ordering point (EOP)
Optimal reorder time (ROT)

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11
Q

financial control of inventory; how much to order at one time?

A

EOQ

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12
Q

financal control of inventory; aka “reorder point” provides the safety level for reordering inventory

A

EOP

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13
Q

financial control of inventory; helps us to establish the best time to order to take advantage of the EOQ and EOP

A

ROT

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14
Q

related concepts in calculating inventory; “workload of laboratory”

A

Annual usage

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15
Q

related concepts in calculating inventory; can be obtained by dividing the amount of supplies ordered ina ayear by 365 days

A

Avergae daily usage

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16
Q

related concepts in calculating inventory; dividing the expenses of purchasing section by number of purchase or orders issued

A

Cost of ordering

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17
Q

related concepts in calculating inventory; expense of maintaining a stockroom for storing material not needed immediately

A

Annual holding cost

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18
Q

related concepts in calculating inventory; straight forward calculation once the decision has been made as to best price available

A

Cost per unit

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19
Q

related concepts in calculating inventory; amount of time or advance notice, needed bet placing and order and its arrival

A

Lead time

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20
Q

EOQ formula:

A

1: 2 x (annual usage x cost of ordering)
2: ans / annual holding cost per unit
3: get the square root of ans

21
Q

EOP formula:

A

1: annual usage / 365 days
2: ans x lead time in days

22
Q

ROT formula:

A

1: EOQ / annual usage
2: ans x 365 days

23
Q

traditional procedure of purchasing new equipment:

A

1- developing a budget
2- Accepting request
3- Voting and prioritizing the request
4- purchasing the highest priority items allowed in the budget

24
Q

committees helping decide for purchase of equipment:

A
  • Technical Evaluation Committee

- Laboratory Advisory Board

25
Q

committees helping decide for purchase of equipment; conducts primary eval of equipment andd techs

A

TEC- technical eval committee

26
Q

committees helping decide for purchase of equipment; dinal review committee, which takes the recommendations of the TEC for a final vote

A

LAB- laboratory advisory board

27
Q

Possible appointees to clinical laborator equipment committees:

A

PICTURE SA PHONE

28
Q

acquisition of previously owned equipment:

A
  • remanufacturing
  • refurbished or reconditiones
  • repossessed
29
Q

acquisition of previously owned equipment; the process of the orig equipment manufacturer completely overhauling the equipment and returning it to service as if it were new

A

Remanufacturing

30
Q

acquisition of previously owned equipment; cleaned and repaired equipment in acceptable working order

A

Refurbished or reconditioned

31
Q

Precautions for buying pre owned equipments:

A
  • vendor background check
  • understand the deal
  • operational status
32
Q

vendor background check:

A
  • no. of yrs business
  • no. yrs present loc
  • educ bg
  • references from current and past clients
  • license
33
Q

understand the deal:

A
  • price
  • terms of purchase
  • service warranty availabilty
34
Q

operational status:

A
  • fully operational
  • fully op but with preventive maintenancce
  • completely rebuilt
  • confirm reliability with last equip user
35
Q

Categories of scheduled maintenance services:

A

preventive maintenance
functional testing, performance verification and calibration
Safety inspection

36
Q

Categories of scheduled maintenance services ; periodic procedures to minimize the risk of failure and to ensure continued proper operation

A

Preventive maintenance

37
Q

Categories of scheduled maintenance services; to verify that the equipment is fully operational

A

Functional testing, perf veri and calib

38
Q

Categories of scheduled maintenance services; visual inspection for mechanical safety

A

Safety inspection

39
Q

is a systematic process of overseeing and controlling the acquisition and utilization of supplies to ensure the availabilty of cost-effectiveness

A

Material management

40
Q

goals of material management:

A

1-supplies arrive timely manner
2-spoilage is reduced to minimum
3-back orders and delays are avoided
4-storage space is used to best advantage
5-mosty econ advantageous price is obtained
6-financial resources are not tied up in inventory

41
Q

are products that meet specific time and price criteria

A

supplies

42
Q

2 sections of material management:

A

Purchasing

Stockroom

43
Q

a section of material management that is responsible for ordering the supplies and processing the invoice from vendors or suppliers

A

Purchasing

44
Q

a section of material management that maintains the security and inventory levelss; it is also responsible in issuing supplies throuhgout the different depts of hospi

A

Stockroom

45
Q

Supply ordering process:

A 
Purchasing request
|
Purchase order
|
Receiving delivery
46
Q

represents a commitment by the org to purchase a product or service

A

Purchase order

47
Q

a catalog of products held in stock by material management

A

Travelling requisition

48
Q

method of purchase used for products that have a predictbale usage level or short shelf lives and are frequently ordered in adv

A

Standing orders

LAB MAN (9 decks)

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