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ack is managing the vaccine for coronavirus for a clinic. Since the demand is always at capacity it is constant. The capacity is 3 0
ack is managing the vaccine for coronavirus for a clinic. Since the demand is always at capacity it is constant. The capacity is patients per month. Each patient needs one dose.
Every time Jack place an order, he needs to pay a fixed ordering cost of $ Since the vaccine needs refrigeration, it cost $ per dose per month to hold. The unit cost per dose is $ The interest rate is close to zero, therefore, the capital cost is negligible.
Jack wants to determine how many doses to order to minimize the total inventory cost.
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