Briefly discuss pros and cons of the fixed time and fixed quantity contracts qualitatively. Which one would you recommend? How much should they order?

This is the case for which you will submit an assignment and we will discuss. Please read the case and consider the following questions.

1. Briefly discuss potential sources of inefficiencies in the flu vaccine supply chain. Is the supply chain for flue vaccine more similar to supply chain for pediatric vaccines or fashion apparel? Why?

2. Briefly discuss pros and cons of the fixed time and fixed quantity contracts qualitatively. Which one would you recommend? How much should they order? Hint: You may make some assumptions and use the quantitative case data to calculate the optimal order quantity to maximize profits. Assume a constant demand of 20000 doses over the flu season for your calculations.

Please note that you are expected to submit a two-page  document responding to the above questions based on analysis. This assignment needs to be done individually and submitted prior to the case discussion via the turnitin assignment link provided in the Assesments section.

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