Chapter 34: Inventory Control and Management Flashcards
Reorder point system
ROP
System which allows a pharmacist to review drug use monthly
Perpetual Inventory system
Inventory control system that allows inventory to be tracked as it is used
Point of sale master
list of items that the pharmacy needs to order
Want book
products unlikely to cause any adverse health reaction, but violate regulations
class III
dangerous or defective products that could cause serious health problems or death
class I
products that may cause temporary health problems or pose slight threat
class II
Food, Drug, and Cosmetic Act allows for recalls
FDA
packaging from bulk containers into patient specific containers
unit-of-use packaging
repackaging of a specific dosage and form of medication at any given time
batch repackaging
Best repackaging achievable
class A
worst package achievable
class D
an example of a want book would be
both spiral-bound notebook and handheld electronic device
which of the following are used to most easily determine each received item and its associated information
bar codes
which drug recall level may cause serious harm or death
class I
which of the following is NOT an advantage of automated dispensing systems
cheaper
when specific stock reorder points are reached, they trigger the
computer to automatically reorder
If controlled substances have been ordered, they should be received into the pharmacy by a
pharmacist
Which of the following is not a type of inventory management system?
automated dispensing system
Which class of drug recalls is considered most dangerous, and may cause serious health problems or death?
Class I
The medication master file contains all of the information needed for
all of these
Most drug products are received in the pharmacy in
bulk “stock” bottles
The real advantage of computerized inventory control systems is
time saving
Expired compounded pharmaceuticals must be
disposed of
For the period of January through June, a pharmacy had a beginning inventory of 312 products and an ending inventory of 336 products. Which of the following is the average inventory for this 6-month period?
324
What is false about inventory and control systems in pharmacy today?
Manual systems usually keep a perpetual inventory.
Which of the following is the simplest and most widely used method of inventory control?
want book system
Products that may be recalled directly by the FDA without requesting the manufacturer to do so includes
medical devices
Which of the following systems is an example of a reorder point system?
minimum/maximum level system
A Class III recall is for products that may
violate FDA labeling or manufacturing
Which of the following is the most suitable, flexible, and open-ended system on the market that can be installed in all of the computers in the main pharmacy?
point-of-sale master
Which of the following is NOT one of the three types of formulary systems?
pediatric formulary
A list of articles in stock, with the description and quantity of each, is referred to as a(n)
inventory
The stock of medications a pharmacy keeps immediately on hand is called a(n)
inventory
A list of drugs and devices that routinely need to be reordered is called a
want book
A pharmacy has purchased 550 products over a period of 3 months. If their average inventory was 235 products in a 3-month period, their inventory turnover rate for this period is
2.34
What is the purpose of formularies?
to eliminate duplication
The perpetual inventory is a written record of the amount of controlled substances for which of the following drug schedules?
II
Repackaged pharmaceuticals that are expired should be
placed in a separate area until they can be properly disposed of
Most automated dispensing systems comply with both the
HIPAA and Joint Commission
Inventory control is closely associated with the function of
purchasing
inventory control system that allows for monthly review of drug use
perpetual inventory system
mathematical calculation of the number of times the average inventory is replaced over a period of time (usually annually)
inventory turnover rater
controlling the amount of product on hand to maximize the return of investment
inventory control
list of drugs and devices that routinely need to be ordered
want book
inventory control system that allows inventory to be tracked as it is used
point of sale master
What is true concerning unit-of-use packaging?
It will allow pharmacists to prepare medications before they are needed.
Which organization has helped direct the implementation of bar coding in pharmacy?
Food and Drug Administration (FDA)
It is important to stock items according to their
specific storage requirements
Regarding inventory, an estimated count must be done for which drug schedules?
III to V
The formula of adding the beginning inventory for a period to the ending inventory for a period and dividing by two is for calculating
average inventory
Bar coding saves
All of these
What is NOT true concerning the use of a point-of-sale (POS) master?
It can be used to check for therapeutic duplications in a drug regimen.
Inventory of controlled substances must be taken every
two years
