Repeated Commit-or-Defer Decisions with a Deadline: The Influenza Vaccine Composition

@article{Kornish2008RepeatedCD,
  title={Repeated Commit-or-Defer Decisions with a Deadline: The Influenza Vaccine Composition},
  author={Laura J. Kornish and Ralph L. Keeney},
  journal={Oper. Res.},
  year={2008},
  volume={56},
  pages={527-541}
}
Seasonal products have an effective inventory deadline, a time by which the inventory must be ready to distribute. The deadline creates an incentive to start early with production. However, opportunities to gather information that might change production decisions provide an incentive to defer the start of production. We study the resultant dynamic decision problem with alternatives that commit to one of several courses of action now and an alternative to defer the commitment to gather more… 

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