Emergency department-average daily cost for the hospital

Assignment Help Operation Management
Reference no: EM13822349

The local hospital’s emergency department has 6 trauma bays. On average, patients requiring a trauma bay arrive every 30 minutes (with a coefficient of variation of 1). If the hospital has an available trauma bay, it is immediately allocated to a needy patient. If there are no trauma bays available, the patient is sent to another hospital. On average, a patient’s length of stay in a trauma bay is one hour (with a standard deviation of 1.5 hours). The hospital’s emergency department operates 24 hours a day.

When a patient is sent to another hospital, the hospital has to put a staff with adequate skills to guarantee the patient’s life, which costs the hospital $250 per patient sent. What is the average daily cost (in $) for the hospital from patients that are being sent to other hospitals?

Reference no: EM13822349

Questions Cloud

Tools of numerical measurement : Find an article in a professional journal that uses the tools of numerical measurement we focused on in these chapters. Write a brief report describing the impact of these tools and how they were effective or ineffective in illustrating the resear..
The declaration of independence : For assignment, you will read the US Constitution, the Declaration of Independence, and Thomas Jefferson's Letter to Dan-bury Baptist in 1802. Once you have read these founding documents and Jefferson's letter, you will write a 2-3 page paper (double..
Average inventory as the sum of cycle stock and safety stock : Suppose the weekly demand for a popular tablet computer follows the normal distribution, N(1500, 200) in UK, N (2000, 250) in Germany, and N (1200, 200) in France. Amazon sources the tablet at $250 per unit, and the sourcing lead time is 2 weeks. Eac..
What extent do you feel that genetic development allowed : To what extent do you feel that genetic experimentation and development should be allowed, especially experiments that involve the creation of human life in the laboratory, stem cell research, and the cloning of human beings?
Emergency department-average daily cost for the hospital : The local hospital’s emergency department has 6 trauma bays. On average, patients requiring a trauma bay arrive every 30 minutes (with a coefficient of variation of 1). If the hospital has an available trauma bay, it is immediately allocated to a nee..
Advantages to using ratios in financial analysis : Find two articles that discuss financial ratio analysis. Identify two advantages and two disadvantages to using ratios in financial analysis
Contrast the worldview of the religious right : Compare/ Contrast the worldview of the Religious Right, at the time of its founding to your current worldview. Your answer must be at least 250 words
Evaluating recent research : Go to the online library and find a recent (no older than 3 years) article reporting the results of a nursing or health research study in which an ANOVA or Kruskall-Wallis test is used (try using health research and ANOVA or Kruskall-Wallis test a..

Reviews

Write a Review

 

Operation Management Questions & Answers

  Result of new technologies

Historically, four (4) social revolutions have occurred as a result of new technologies; identify the technologies which led to these social changes and explain the consequences of each of these technologies.

  Prepare a strategic plan to grow the business

Read What's Driving Porsche? and History of Porsche AG - FundingUniverse. From the perspective of an executive with the firm, prepare a strategic plan to grow the business over the next three years.

  A clock and watch manufacture realizes that she is operating

A clock and watch manufacture realizes that she is operating in the market for machines that measure time

  About the ethics and strategy

Focus on the goals and values of PROCTOR & GAMBLE 2005 to identify important strategic ethical issues or dilemmas. Analyze the firm's actions for instances of inconsistencies, or practices where the words in the mission, espoused values, or goals, do..

  Illustrate what other factors are relevant to this issue

Illustrate what other factors are relevant to this issue. Explain how do the changes in assumptions mentioned by the other managers affect the proposal. Illustrate what position should Jim take.

  Determine optimal order size also minimum annual total cost

Annual cost of carrying a pound of cheese in a refrigerated storage area is $12. Determine optimal order size also minimum annual total inventory cost.

  National origin discrimination

National origin discrimination is prohibited against a job applicant or employee. Besides discriminating against the job applicant or employee directly.

  Define project management and explain its importance

Define project management and explain its importance to the business world. Explain project life-cycle management and the benefits of project management to an organization.

  Explain how defender''s business model of simplicity

What do you think Dave means when he states, "Businesses don't grow-people do". Explain how Defender's business model of simplicity was scalable.

  What is the value of the mortgage

A mortgage paying 6 percent interest has a present value of $200,194.94 with monthly payments of $1,200 for the next 360 months. If the interest rates increase to 8 percent, what is the value of the mortgage? If interest rates decrease to 4 percent, ..

  Discussion on the best strategic plan

Discuss fully, the best strategic plan one of your employer's has (had) and the worst strategic plan one of your employer's has had. Do not name the organization, just use XYZ.

  Write paper on whirlpool corporation

Write paper on Whirlpool Corporation. Brief Background. Recommendations for the company

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd