Management Control of Blood Through a Short-Term Supply-Demand Forecast System

George M. Frankfurter, Kenneth E. Kendall and C. Carl Pegels
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George M. Frankfurter: Syracuse University
Kenneth E. Kendall: State University of New York at Buffalo
C. Carl Pegels: State University of New York at Buffalo

Management Science, 1974, vol. 21, issue 4, 444-452

Abstract: Design, development, implementation and operation of a short-term blood inventory level forecast system is described. The primary purpose of the forecast system is to alert blood center management to the short-term inventory level of blood supplies so that they can take corrective notion to either reduce or increase blood collections. A test is performed on the system, and it is demonstrated that, management took action to reduce collections in response to higher than necessary inventory levels and increased collections during a period when insufficient inventory levels were forecast.

Date: 1974
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:21:y:1974:i:4:p:444-452

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