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Inventory Management Essentials

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Questions and Answers

What is the primary purpose of visual inspection in inventory management?

To reduce stockout risks

To ensure product authenticity and quality (correct)

To optimize storage space

To track inventory levels

Which of the following is a benefit of proper labelling in inventory management?

Improving product shelf life

Reducing storage costs

Increasing inventory turnover

Facilitating product identification and tracking (correct)

What is the main goal of inventory control methods?

To maximize inventory levels

To ensure accurate inventory tracking (correct)

To optimize inventory turnover

To minimize inventory costs

Which of the following inventory control methods involves tracking inventory levels in real-time?

Perpetual inventory system Signup and view all the answers

What is the outcome of ineffective inventory control methods?

Stockouts or overstocking Signup and view all the answers

What is the primary role of the pharmacist in the medication distribution process?

To check the medication order Signup and view all the answers

What is the benefit of using a unit-dose dispensing system?

It is an efficient system that reduces medication errors Signup and view all the answers

What is the purpose of maintaining a list of ward stock items?

To ensure practical stock levels and avoid stock wastage and pilferage Signup and view all the answers

What is the risk of not maintaining practical stock levels in the ward?

Stock wastage and pilferage Signup and view all the answers

What is the primary goal of decentralized unit-dose dispensing?

To ensure that wards have the required medicines in the appropriate amounts Signup and view all the answers

What happens to the charge once it is recorded by the automated system?

It is charged to the patient's profile and hospital/ward encounter Signup and view all the answers

What is the primary function of an automated dispensing cabinet?

To dispense medications to patients Signup and view all the answers

What are the different methods of inventory control employed in a hospital setting?

All of the above methods Signup and view all the answers

What is the role of a pharmacist in inventory management?

To oversee the inventory management system Signup and view all the answers

What is the benefit of using an automated system for charging and inventory management?

It reduces the need for manual data entry Signup and view all the answers