Author/Authors :
arslan, miray ankara university - faculty of pharmacy - department of pharmacy management, turkey , sariçiçek, inci eskisehir osmangazi university, bati meselik - faculty of engineering - department of industrial engineering, turkey
Title Of Article :
DECISION SUPPORT SYSTEM FOR INVENTORY MANAGEMENT IN A PHARMACEUTICAL WAREHOUSE
Abstract :
This study focused on inventory management in pharmaceutical industry. For this purpose a Decision Support System for inventory management is designed in one of the major distribution channels in the Turkish pharmaceutical sector. In pharmaceutical sector nearly all firms offer temporary sale prices for some products in certain parts of the year and warehouses usually want to purchase large amounts to use this offer. In case of temporary selling price to be asked how much quantity should be ordered to minimize total annual cost. For this purpose, the designed system helps decision maker in purchase decisions.
NaturalLanguageKeyword :
Economic Order Quantity (EOQ) Model , Temporary Sale Price Model , Inventory Management System , Decision Support System , Pharmaceutical Warehouse
JournalTitle :
Anadolu University Journal of Science and Technology. A : Applied Sciences and Engineering
