5. Severity High Moderate Low
priority High Moderate low
Levels of redressal Facility District State
Resources High medium Low or no
Risks High Medium Low or no
6. MIMPS
• THE DATA CATEGORIES OF THE MINIMAL INFORMATION MODEL FOR
PATIENT SAFETY ARE:
• Incident identification
• o Patient o
• Time
• o Location
• o Agent(s) involved
• Incident type
• Incident outcomes
• Resulting actions
• Reporter
7. • Formula for Reorder Level of Stock
• The reorder level of stock is calculated using the following
formula:
• Reorder level of stock = Maximum consumption per
day/per week etc. x Maximum delivery time
• Another formula that can be used is:
• Reorder level of stock = Minimum stock + Average
consumption during normal delivery time.
8. • This example shows how to calculate the reorder level of stock.
• For a company, the maximum consumption is 15,000 units per
week, while the maximum delivery time is 10 weeks.
• The formula for the reorder level of stock is the following:
• Re-order Level = Maximum per day/per week etc. x Maximum
delivery time
• Therefore, the calculation can be performed as follows:
• 15,000 units x 10 weeks = 1,50,000 units.
9. • The reorder level of stock is the fixed stock level that lies
between the maximum and minimum stock levels. At the
reorder stock level, an order for the replenishment
of stock should be placed.
• In other words, the reorder stock level is the level of inventory at
which a new purchase order should be placed.
• The reorder level of stock is generally higher than the minimum
level to cover any emergencies that may arise as a result
of abnormal usage of materials or unexpected delay in
obtaining fresh supplies.
10. Minimum Stock Level: Definition and
Explanation
• A minimum stock level is a threshold value that indicates the level
below which actual material stock items should not normally be
allowed to fall.
• In other words, a minimum stock level is a minimum quantity of a
particular item of material that must be kept at all times.
• The fixing of this level acts as a safety measure. For this reason, the
minimum stock level is commonly known as safety stock or buffer
stock.
• If the actual stock falls below the minimum stock level, there is a risk
of stopping production. Furthermore, management must prioritize
the acquisition of fresh supplies.
• The main objective of fixing the minimum stock level, and thus the
minimum level of materials, is to ensure that the required quantity of
each item is available at all times.
11. Minimum re -order level
• The minimum stock level can be calculated by applying the
following formula:
• Minimum stock = reorder level – actual consumption per week x
normal delivery time