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Why is safety stock needed for this item

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Reference no: EM131035978

Please answer the following questions, can be up to one page and answers must be healthcare related. Thanks

Think of an item for which a hospital carries safety stock.

1. Why is safety stock needed for this item?

2. How was the amount of safety stock determined?

3. Approximately, how much does the safety stock cost the organization annually?

4. Can the amount of safety stock be reduced for this item? How?

Reference no: EM131035978

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