Deterministic Model For Blood Bank Inventory Control With Increasing Demand And Logistic Considerations Using Multi-Objective Optimization
Keywords:
Blood storage, Inventory, MATLAB, demand
Abstract
This paper presents a deterministic model for the inventory control of blood bank storage systems, accounting for item deterioration with increasing demand, and the effects of inbound and outbound logistics, ramp time demand, and inflation. The inventory level in the blood bank at any time t, denoted , is managed under a fixed capacity δw using multi-objective optimization with changing the rate of level. The model permits stock-outs, which are partially deferred, and incorporates a variable rate of deterioration. This paper discusses the mathematical modeling of blood consumption rates and replenishment points in blood bank storage. The differential equation for the rate of change in , over time is solved using MATLAB.
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2. Hani, U., Basri, M. H., & Winarso, D. (2013). Inventory Management of Medical Consumables in Public Hospital: A Case Study. Management , 7.
3. l Rahim, M. K., Hassan, Q., & Radzuan, K. (2018). A Case Study of Inventory Analysis in a Healthcare Product Manufacturing Company. International Journal of Supply chain Management , 6.
4. Kritchanchai, D., & Meesamut, W. (2015). Developing Inventory Management in Hospital. International journal of supply chain management , 10.
5. Manhas, A. K., Haroon, R., Sheikh, M. A., & Syed, A. (2012). Analysis of Inventory of Drug and Pharmacy Department of a Tertiary care Hospital. Journal International Medical Sciences Academy , 4.
6. Mani, G., Annadurai, K., Danasekaran, R., & Ramasamy, J. (2014). Drug Inventory control analysis in a Primary level Health care facility in Rural Tamil Nadu, India. Healthline , 5.
7. Monov, V., & Tashev, T. (2011). A Programme Implementation of Several Inventory Control Algorithms. BULGARIAN ACADEMY OF SCIENCES , 15.
8. Paul, S. K., Chowdhury, P., Chakrabortty, R. K., & Sallam, K. (2022). A mathematical model for managing the multi-dimensional impacts of the COVID-19 pandemic in supply chain of a high-demand item. Annals of Operations Research , 46.
9. Ramírez, A. P., & Labadie, N. (2017). Stochastic inventory control and distribution of blood products. Industrial Engineering and Operations Management , 12.
10. Sharma, G. S., & Baghel, R. S. (2023). Artificial Neural Network Approach for Inventory Management Problem. International Journal of Mathematical and Computational Sciences , 6.
11. Swami, A., Richa, & Ahlawat, N. (2023). A Review of Supply Chain Inventory System for Economic Order Quantity Model with Production Rate Constant Demand and No Shortages. International Journal of Research Publication and Reviews , 9.
12. T. K., & A. T. (2017). An Optimization of Inventory Demand Forecasting in University Healthcare Centre. Materials Science and Engineering , 12.
13. Torkayesh, A. E., Vandchali, H. R., & Tirkolaee, E. B. (2021). Multi-Objective Optimization for Healthcare Waste Management Network Design with Sustainability Perspective. Sustainability , 18.
14. Yadav, A. S., Ahlawat, N., Agarwal, S., & Pandey, T. (2020). Red Wine Industry of Supply Chain Management for Distribution CenterUsing Neural Networks. Test Engineering and Management , 7.
15. Yadav, a. S., ahlawat, n., sharma, n., & swami, a. (2020). Healthcare systems of inventory control for blood bank storage with reliability applications using genetic algorithm.Advances in Mathematics: Scientific Journal , 5133–5142.
16. Yılmaz, F. (2018). The drug inventories evaluation of healthcare facilities using ABC and VED analyzes. Istanbul Journal Pharm , 6.
17. Yudianti, N. W., Lestari, P. N., & Darma, G. S. (2021). Inventory control of disposable medical materials at the bali mandara eye hospital. Jurnal Administrasi Kesehatan Indonesia , 11.
Published
2024-09-17
How to Cite
Ajay Kumar Valmiki, Govind Shay Sharma, Deepak, & Murli Manohar Gour. (2024). Deterministic Model For Blood Bank Inventory Control With Increasing Demand And Logistic Considerations Using Multi-Objective Optimization. Revista Electronica De Veterinaria, 25(2), 135-139. https://doi.org/10.69980/redvet.v25i2.1233
Section
Articles
