Which of the following is NOT the purpose of inventory management?

It minimizes capital charges on average functions
It minimizes time spend on purchasing functions
It reduces carrying costs (financial investments) in drug products
It increases purchasing dollars spent by selecting products based on organization formulary requirements

It increases purchasing dollars spent by selecting products based on organization formulary requirements

Rationale: Inventory management does not increase purchasing dollars spent by selecting products based on organization formulary requirements (and cost) – it reduces them.

Health Professions

You might also like to view...

You have 3 mg/mL of active ingredient; what is the percent solution of this medication?

a. 3% b. 0.3% c. 30% d. 13%

Health Professions

One of the goals of a patient navigator is to streamline the healthcare services that the patient receives.

Answer the following statement true (T) or false (F)

Health Professions