The document discusses the one-compartment open model used to describe drug distribution and elimination following administration. It describes the model assumptions of rapid distribution throughout a single homogeneous compartment and first-order elimination. It then discusses four specific models: intravenous bolus dosing, continuous intravenous infusion, extravascular administration with zero-order absorption, and extravascular administration with first-order absorption. Key parameters like elimination rate constant, half-life, volume of distribution, and clearance are also defined.