Posted by & filed under Cost Accounting, Managerial Accounting.

Description: Apparently there’s a bit of a run on really, really cold freezers. With the world looking to begin vaccinating populations against Covid-19, and the need to store Pfizer’s new vaccine in very cold temperatures, businesses like 360 Medical are looking to supply health care users. A freezer about the size of a dorm-room fridge will run you about $8,500, if you’re in the market that is.

Date:  December 7, 2020

Source:  thestar.com

 Link: https://www.thestar.com/business/2020/12/07/as-world-prepares-for-covid-19-vaccines-ultra-low-temperature-business-couldnt-be-hotter.html?source=newsletter&utm_content=a01&utm_source=ts_nl&utm_medium=email&utm_email=760BE779956395955CFBBA5C497D22A3&utm_campaign=sbj_38502

Discussion points:

1) Do you know when students at your university will start receiving the vaccines?

2) Freezers are one thing required for distribution and administration of a vaccine. If you were managing a health centre where Canadians are going to be vaccinated, what are some other assets you would need to have in place for such a program?

3) Early on in Wiley’s Managerial Accounting: Tools for Business Decision-Making we learn about the concept of supply chain management (pages 14,19 ). What does this article about these unique freezers teach us about supply chain management?

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