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As the operations manager at a local hospital, you are facing a dilemma in inventory management. The resident doctor prefers commonly prescribed medicines to be
As the operations manager at a local hospital, you are facing a dilemma in inventory management. The resident doctor prefers commonly prescribed medicines to be wellstocked, while the procurement manager wants to minimize the holding cost of medicines. Considering the pros and cons of the inventory review models you have learned, what recommendations would you make to improve the hospitals inventory allocation and service levels?
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