ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Each drug product should be stocked in such a way that the ____ items are taken from stock first.
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oldest
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newest
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least effective
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most effective
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Explanation:
Detailed explanation-1: -The first step in the inventory management process includes receiving your order from the supplier. Getting this part right is crucial for the following steps to function as efficiently as possible. The first thing that should be done after the order arrives it to inspect the products.
Detailed explanation-2: -The perpetual inventory management method is the commonest method in industrialized countries, and it is the most efficient method to manage pharmacy inventory. It involves a computerized system that monitors the inventory at all times on a continuous systematic basis.
There is 1 question to complete.