This document provides an overview of one-compartment open model pharmacokinetics with first-order elimination kinetics. It defines key terms like compartment and assumptions of compartmental models. It then describes the applications of compartment modeling and specifics of one-compartment open models for intravenous bolus administration and intravenous infusion. For IV bolus, drug distributes rapidly and is eliminated at a first-order rate. For IV infusion, drug is administered at a constant zero-order rate to maintain stable concentrations.