Suppose that it costs $3 to make one dose of the small pox vaccine. Once a dose is made, its shelf life is 90 days, after which it can no longer be used. It is desired to have, on average, 300 million doses available at any given time. (a) What is the yearly cost to implement this plan? (b) Suppose now that the shelf life of a vaccine is randomly distributed according to an Erlang distribution with a mean of 90 days and a standard deviation of 30 days. What is the yearly cost to implement this plan? 10 1:C
Suppose that it costs $3 to make one dose of the small pox vaccine. Once a dose is made, its shelf life is 90 days, after which it can no longer be used. It is desired to have, on average, 300 million doses available at any given time. (a) What is the yearly cost to implement this plan? (b) Suppose now that the shelf life of a vaccine is randomly distributed according to an Erlang distribution with a mean of 90 days and a standard deviation of 30 days. What is the yearly cost to implement this plan? 10 1:C
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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