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Cengage Ch. 17

Study Guide PhT 3 Week 2

QuestionAnswer
What is the term that is described as a list of articles in stock, with description and quantity of each? Inventory
What is the term described as a list of drugs and devices that routinely need to be reordered? want book
How often must inventory of controlled substances be taken? every two years.
How are most ordered drug products received in the pharmacy? In bulk "stock" bottles.
What must most automated dispensing systems comply with? HIPAA and Joint Commission
When specific stock reorder points are reached, what is triggered? The computer is triggered to automatically reorder.
What is the most suitable, flexible, and open-ended system on the market that can be installed in all of the computers in the main pharmacy? Point-of-sale master
What is an example of a reorder point system? Minimum/maximum level system
Out of the following pharmacy systems, which is NOT a type of inventory management system? Order book system, Computerized inventory system, Automated dispensing system, or Point of sale system? Automated dispensing system
What is the simplest and most widely used method of inventory control? Want book system
What is the term defined as- stock of medications a pharmacy keeps immediately on hand? inventory
What are a few advantages of an Automated Dispensing System? Small space requirements, Fast and accurate counting, unit-dose packaging, etc.(slide 14)
What are three types of formulary systems? Restricted formulary, Open formulary, and Closed Formulary
The perpetual inventory is a written record of the amount of controlled substances for which drug schedule? CII
How should items be stocked in pharmacy? According to their specific storage requirements.
What is used to easily determine each received item and its associated information? Bar codes
If controlled substances have been ordered, who should receive the order in the pharmacy? Only a pharmacist.
What is the real advantage of computerized inventory control systems? Time saving
Inventory control is closely associated with the function of what? Purchasing
Regarding inventory, an estimated count must be done for which drug schedules? III to V
What is false about inventory and control systems in pharmacy today? Manual systems usually keep a perpetual inventory.
What are a few advantages of the point-of-sale (POS) master? It can increase overall profitability in a pharmacy, can control inventory and stock in a pharmacy, and it is easy to use.
Which organization has helped directly the implementation of bar coding in pharmacy? Food and Drug Administration (FDA)
What is true about bar coding? It saves dollars, time, and lives.
Which products is a Class III recall indicated for? Products that may violate FDA labeling or manufacturing.
Which drug recall class may cause SERIOUS HARM OR DEATH? Class I
Which products can the FDA recall without a formal request? Medical devices, Human tissue products, and infant formulas
What should be done with repackaged pharmaceuticals that are expired? placed in a separate area until they can be properly disposed of.
What is true concerning unit of use packaging? It will allow pharmacist to prepare medications before they are needed.
What should be done with expired compounded pharmaceuticals? Must be disposed of
Where can you find DISPOSAL REQUIREMENTS for most drugs that have an expiration date? Listed in the package inserts on a safety data sheets (SDS)
How often are formularies revised? every year
How should drug products be stocked? Each drug product should be stocked in such a way that the oldest items are taken from stock first.
How is the process of pharmacy ordering usually done? via computer
What is true about the perpetual inventory system? It allows the pharmacist to review drug use monthly, allowing better monitoring of all information.
What is true about the traditional purchasing and inventory control system? It does not involve computers, and it is considered old-fashioned.
What is the basis of the computerized purchasing and control system called? Medication database
How do you calculate the total ordering costs? Equals the number of orders multiplied by the cost per order.
What is a receiving report? A document showing received items that matches the purchase order exactly.
What is the perpetual inventory system? Inventory control system that allows for monthly review of drug use.
What is a inventory turnover rate? mathematical calculation of the number of times the average inventory is replaced over a period of time (usually annually)
What is the definition of inventory control? controlling the amount of product on hand to maximize the return of investment.
What is the point-of-sale (POS) master? inventory control system that allows inventory to be tracked as it is used.
What is average inventory? The formula of adding the beginning inventory for a period to the ending inventory for a period and dividing by 2 is for calculating.
What does the medication master file contain? The medication master file contains all of the information needed for ordering, inventory, and pricing.
What is the purpose of drug formularies? eliminate therapeutic duplication and save costs.
What is a want book? a want book is a list of items that the pharmacy needs to order.
 

 



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