MODULE 18 Flashcards

1
Q

making sure that the services go successfully form one source to an end user

A

MATERIAL MANAGEMENT SYSTEM

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2
Q

this includes several areas of the hospital and could drastically effect medical institution expenses

A

MATERIAL MAGANAGEMENT SYSTEM

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3
Q

used as a first step in the process of purchasing

A

PURCHASE REQUEST

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4
Q

using this form the users notifies the purchasing department regarding the needed items and services

A

PURCHASE REQUEST

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5
Q

can be made manually or out of the purchase requisition

A

SINGLE QUOTATION

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6
Q

is one of the biggest expenses for most medical institution

A

INVERTORY

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7
Q

it plays important part of refining the quality of healthcare services, since the line of the people are on the line and medical cost are increasing

A

INVENTORY

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8
Q

it is used for maintenance of the attributes of the items such as product type, item class, item type, and others.

A

ITEM TAB

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9
Q

is the minimum quantity of an item that a company has stock in

A

RE ORDER LEVER

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10
Q

is the basic reordering method implemented in many ERPs and other inventory management software

A

MIN/MAX INVERNTORY ORDERING LEVEL

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11
Q

represent the stock level that prompts the re order

A

MIN LEVEL

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12
Q

sets new targeted level that follows the reorder

A

MAX LEVEL

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13
Q

is often interpreted as the main difference between the MIN and MAX value

A

ECONOMIC ORDER QUANTITY

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