Abstract
Statistical analysis is a powerful technique in the field of healthcare that enables drawing meaningful insights from a study in which medical data are collected through real-time observations, survey, and from medical records. In the field of healthcare, there are several research problems ranging from clinical to operational, such as decisions on organ transplant, operating room planning, appointment scheduling, resource allocation, layout design, demand forecasting, and many more. One such operational problem dealt with in this chapter is the inventory management in healthcare systems. Inventory management in healthcare is an upcoming area of research as efficiently managing inventory acts as a prerequisite for planning and decision making in a healthcare system. This requires statistical analysis of the medical data. The medical data is segmented and summarized using numerical and graphical descriptive statistical methods to draw conclusions in order to significantly help the healthcare personnel in managing the healthcare systems.
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