From demand forecasting to inventory ordering decisions for red blood cells through integrating machine learning, statistical modeling, and inventory optimization.
Na LiDonald M ArnoldDouglas G DownRebecca BartyJohn T BlakeFei ChiangTom CourtneyMarianne WaitoRick TrifunovNancy M HeddlePublished in: Transfusion (2021)
The proposed data-driven ordering strategy combining demand forecasting and inventory optimization can achieve significant cost savings for healthcare systems and blood suppliers.