Thesis/Capstone
Publication Date
Authored by
Topic(s) Covered:
  • Healthcare
  • Inventory
  • Metrics
  • Product Development
  • Simulation
  • Strategy
Abstract

This project determines appropriate inventory modeling approaches for externally sourced medical products. The authors identify the key drivers of inventory, highlight gaps in the current inventory modeling approach, and recommend inventory targets through the use of simulation or an appropriate safety stock formula.

Authors: Nichole L. Hillstrom and Renato A. Malabanan
Advisor: Dr. Bruce Arntzen