There are several instances in which hospitals may be interested in the _________ method: (1) when there is frequent ordering, calling for stringent control; (2) when it is convenient to order many items from one supplier; (3) when serving the needs of discrete or irregular usage; (4) when there are large-volume orders that represent a large portion of the supplier's capacity; and (5) when storeroom balances are calculated only periodically. This will be a particularly important method for hospitals that move increasingly into assembly and "production" of their supplies.

Question

Quizplus · Accepted Answer

The method being described is the fixed order interval (FOI) method, where supplies are ordered at regular predetermined intervals. This method is ideal for the situations described in the question. The other options listed are not relevant to the context.

There Are Several Instances in Which Hospitals May Be Interested