Pharmacy Inventory Management 4

Question 1

A pharmacy receives a shipment and the invoice shows 100 bottles but only 96 bottles are in the box. What should the technician do first?

Accepted Answer

Document the discrepancy on the receiving record and notify the wholesaler

Answer

Accept the shipment and update inventory to 100

Answer

Return the entire shipment

Answer

Dispense from the 96 bottles and do not notify anyone

Question 2

Which storage condition is required for most vaccines?

Accepted Answer

Refrigerated (36–46°F)

Answer

Room temperature (59–77°F)

Answer

Frozen (−58 to 5°F)

Answer

Protected from light at room temperature

Question 3

What does EOQ (Economic Order Quantity) calculate?

Accepted Answer

The optimal order quantity that minimizes total ordering and carrying costs

Answer

The maximum amount a pharmacy can legally order per month

Answer

The quantity required to trigger a reorder

Answer

The number of units dispensed per day

Question 4

A pharmacy is conducting a biennial inventory of controlled substances. When must this inventory be taken?

Accepted Answer

Within 2 years of the previous inventory, on any regular business day

Answer

On January 1 of every other year

Answer

Every 24 months from the pharmacy's opening date

Answer

On the last day of the pharmacist's license renewal period

Question 5

Which of the following medications requires storage below −20°C (−4°F)?

Accepted Answer

Varicella vaccine

Answer

Regular insulin

Answer

Amoxicillin oral suspension

Answer

Nitroglycerin tablets

Question 6

What is a 'chargeback' in pharmacy wholesaler relationships?

Accepted Answer

A credit issued to the wholesaler by the manufacturer for selling below contract price

Answer

A penalty fee for late payment to the wholesaler

Answer

An additional charge for expedited delivery

Answer

A fee charged when returning expired medications

Question 7

A pharmacy has 30 units on hand and uses 5 units per day. If the reorder point is 20 units, in how many days will the reorder be triggered?

Accepted Answer

2 days

Answer

4 days

Answer

6 days

Answer

10 days