Quality supplies at the right time at least possible cost

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The chapter said that "Inventory management is important to provide patients with high-quality supplies at the right time at the least possible cost." Please write what you think this really means. We all know that high quality supplies are not always competitive in price, which starts a balancing act of quality vs. price. What are your feeling when it comes to saving money on medical supplies? Do you think that it would be ethical to offer higher quality supplies to those who could afford it and use a standard supply on others?

Reference no: EM131653083

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