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Running head: ECONOMIC ORDER QUANTITY
Economic Order Quantity
Name
Institution
Date
ECONOMIC ORDER QUANTITY
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Introduction
There have been significant progress in the provision of drugs and vaccines in recent times
as a result of public outcry on the inefficiencies in the current system. It has been common for
patients to be advised to buy vaccines from private pharmaceuticals due to delays in ordering and
distribution. The EOQ model has therefore been devised to try and eliminate some of these
inefficiencies in efforts towards improved healthcare (Washington State Department of Health,
2016).
Comparison of the Real-world Example to Provided Module Information
Distribution of vaccines remains an important function in the healthcare sector for a
number of reasons. A good distribution channel would mean that vaccines and other drugs are
readily available to patients in various healthcare facilities (West-Strum, 2016). There are also
projections of reduced operational costs when clients order drugs at designated time durations
compared to random ordering.
Comparison of the Real-world Example to Personal Experience of Healthcare Settings
The advocacy for reduced use of antigens in the healthcare sector is clearly evident in this
paper as the Washington health administration sought a more rational vaccine distribution
framework (Washington State Department of Health, 2016). Healthcare settings in recent times
have required for improved communication between health practitioners and the patient to create
a more personalized culture in the provision of healthcare (Washington State Department of
Health, 2016).
Implementation of the EOQ model is one of the ways that healthcare experts view to be
most effective in monitoring the impact of a particular drug to a patient (West-Strum, 2016). The
Vaccine Management Business Improvement Project has integrated the requirements and needs of
ECONOMIC ORDER QUANTITY
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various healthcare settings to not only enhance accountability but also improve communication
networks at all levels of the healthcare industry (Washington State Department of Health, 2016).
Additional Information Presented in the Paper
There are several additions to the Economic Order Quantity (EOQ) information provided
particularly with respect to the kind of vaccines covered by the project (West-Strum, 2016). It is
important to note that vaccines whose availability is limited in the state have been omitted from
the program and consequently can only be ordered through other personalized vaccine
management a...
