A Linear Programming Model for a Blood Inventory Management at a Regional Blood Bank
Models addressing the supply chain in blood banks are of goals, but the common theme is the tendency to focus on optimum demand meeting while minimizing the number of expired units. This paper provides a simplified LP model for inventory management. The objective function in this model formulation aims to minimize the cost and the number of wasted units, considering the unit limited shelf life. The implementation of the model is to be at a regional blood bank that receives scheduled orders. The parameters values were based on data collected from Abu Dhabi regional blood bank; it was then implemented using the Gurobi computational solver.
Keywords: blood, waste, collection plan, operations research, python, sensitivity analysis