Emesis Bag, 1000 mL, Graduated
Patient CareNon-essential, 90% service targetPrimary vendor Meridian Medical Supply, lead 1.5 days, ordered every 7 daysMMS-241926
Stock position
- On hand
- 2,658 each23.6 days of supply
- On order
- 192 eachfirst arrives Tue Sep 15
- Forecast rate
- 112.5 each/daynext 30 days
- Demand over 9 days
- 1,032 eachlead time plus review period
- Safety stock
- 25 eachempirical 90th percentile of forecast error
- Reorder point
- 1,057 eachabove
- Stockout
- Sat Oct 10
- Recommended order
- noneby Wed Oct 7
- Inventory value
- $797at $0.30 per each
How the forecast was made
Exponential smoothing5% weekly error, over-forecast49% better than naive
A weighted recent average that learns the weekday pattern and any trend. Recent days count more than old ones.
Report card: the model was fit on history up to Tue Jul 21 and scored on the 56 days after. Weekly totals were off by 5% on average (20% day by day), and it over-forecast by 3% overall. A same-weekday-last-week guess would have been off by 9%.
actual forecast, 80% and 95% range what the model said during the report card windoweach/day
Projected on hand, each: today's stock plus open orders on their expected dates, minus the forecast, day by day.
Vendors and prices, last 90 days
| Vendor | Part number | Vendor description | Sells by | Paid per each | Invoices | 90-day spend | Pairing |
|---|---|---|---|---|---|---|---|
| Meridian Medical Supply | MMS-241926 | EMESIS BAG 1000 ML GRAD BX/24 | BX of 24 | $0.29 | 12 | $1,912 | stand-in |
| Northwind Health Distribution | NW7865797 | Emesis Bag, 1000 mL, Graduated - 24/Bx | BX of 24 | $0.29 | 14 | $964 | stand-in |