Dynamically optimizing the administration of vaccines from multi-dose vials
Maryam Mofrad,
Lisa Maillart,
Bryan Norman and
Jayant Rajgopal
IISE Transactions, 2014, vol. 46, issue 7, 623-635
Abstract:
Many vaccines are manufactured in large, multi-dose vials that once opened, must be used within a matter of hours. As a result, clinicians (especially those in remote locations) face difficult tradeoffs between opening a vial to satisfy a potentially small immediate demand versus retaining the vial to satisfy a potentially large future demand. This article formulates a Markov decision process model that determines when to conserve vials as a function of time of day, the current vial inventory, and the remaining clinic-days until the next replenishment. The objective is to minimize open-vial waste while administering as many vaccinations as possible. It is analytically established that the optimal policy is of a threshold type. Furthermore, an extensive sensitivity analysis is conducted that speaks to the benefits of consolidating demand, investing in buffer stock, and adopting different vial sizes. Lastly, a practical heuristic is evaluated and shown to perform competitively with the optimal policy.
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:taf:uiiexx:v:46:y:2014:i:7:p:623-635
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DOI: 10.1080/0740817X.2013.849834
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