Inventory planning, an important aspect of every industry, is the process of determining the optimal quantity and timing of an organisation’s production and delivery chain in order to ensure that an organization is able to produce and provide its goods and services without resulting in unmet demands due to shortage, or losses due to overstocking. Inventory planning has a different set of challenges in the healthcare and the pharma sector; often characterized by uncertain demand and service times. This problem of resource allocation becomes more complicated due to epidemic diffusion.
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