Demand Forecasts for Chronic Cardiovascular Diseases Medication Based on Markov Chains

Authors

  • Armando Hermosilla Industrial Engineering Department, FIUNA – Universidad Nacional de Asuncion
  • Richard Carmagnola Industrial Engineering Department, FIUNA – Universidad Nacional de Asuncion
  • Carlos Sauer Applied Mathematics Department, FIUNA – Universidad Nacional de Asuncion
  • Eduardo Redondo Industrial Engineering Department, FIUNA – Universidad Nacional de Asuncion
  • Luis Centurion Laboratory of Mechanics and Energy, FIUNA – Universidad Nacional de Asuncion

DOI:

https://doi.org/10.69681/lajae.v4i1.20

Keywords:

Markov Chains, Inventory management, Demand planning, Stochastic Processes, Healthcare supply chain

Abstract

In this work, we propose and evaluate models to predict the demand for cardiovascular drugs using Markov chains. The models use transactional data of patient medication delivery to identify consumption levels. These levels are considered as Markov chain states. Four model configurations were evaluated, differing on the arrival/departure nature of patients to the system and the inclusion of an idle state. The models were trained with 12 months of real data and tested with a four-month horizon. Also, the models were sequentially applied to an 18-month Losartan consumption data, simulating thus the chained implementation in a real scenario. The MAPE of two months ahead forecasts ranged from 3.92% to 5.55% in three of the four evaluated models. As well, our results showed that variations of the consumption level could be modeled using Markov chains, and in low inventory levels situations, these tools are usable to prioritize patients with higher levels of consumption.

Downloads

Download data is not yet available.

Downloads

Published

2021-12-31

How to Cite

Hermosilla, A., Carmagnola, R., Sauer, C., Redondo, E., & Centurion, L. (2021). Demand Forecasts for Chronic Cardiovascular Diseases Medication Based on Markov Chains. Latin American Journal of Applied Engineeringg, 4(1), 26–32. https://doi.org/10.69681/lajae.v4i1.20

Issue

Section

Articles

Categories

Similar Articles

1 2 > >> 

You may also start an advanced similarity search for this article.