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Bright Road Healthcare System is experiencing financial problems like insurers with late payments, Medicare patients with high readmission rates within 30 days (lost Medicare reimbursement), high staff turnover increasing costs, and low admissions to its obstetrics service. The student will carefully consider options that will improve the financial position of the healthcare system by addressing the negative trends experienced by the organization. The students will prepare a formal recommendation on changes that can improve the operational and financial performance of Bright Road to the Chief Administrative Officer.
Resturant requires all employees who handle food to wear latex gloves for sanitary reasons. The annual demand for gloves is 250 boxes of 200 per year. The order cost is $11 per orderand the carrying cost is 25 percent for box per year of the purchase..
Safety Tile Company (ST) has been using production runs of 100,000 tiles, 10 times per year to meet the demand of 1,000,000 tiles annually. The set-up cost is $5,000 per run and holding cost is estimated at 10% of the manufacturing cost of $1 per til..
Describe how emotional intelligence and understanding personality types is important for developing relationships. Examine the extent to which you believe that personality profiles can help to reduce workplace conflicts. Describe personality types of..
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
What role does forecasting play in the supply chain of retailers or wholesalers with inventory? Please give some examples of products that display seasonality demand. What data would you use to forecast the next year’s sales?
Gigoflop Electronics has three shipments of class 100 product to be transported from Atlanta, Georgia, to Lansing, Michigan. The shipments weigh 5,000 lb., 10,000 lb., and 7000 lb., respectively. Gigoflop can ship each quantity individually or consol..
you are an owner of a small independent chain of coffee houses competing head-to-head with starbucks. the retail price
Which of the participants would you judge to be capable? Explain Can the value of the Cpk exceed the value of C p for a given participant? Explain.
Analyze using a tree diagram. Compute the EVPI. How could this information be used? Determine the range over which each alternative would be best in terms of the value of P (demand low).
The ending inventories of trucks during the first 8 months of the year (January to August) were 26, 38, 31, 22, 13, 9, 16, 5, respectively. The monthly inventory holding cost is proportional to the monthly ending inventory. What is the estimated aver..
In the context of direct conflict management approaches, what are assertiveness and cooperativeness? How are assertiveness and cooperativeness related to each of the five basic direct conflict management approaches?
Select one of the team mediation techniques (negotiation, role clarification, or start-stop-continue), and describe how you would use this technique to defuse a team conflict situation. Include an example of one of the techniques that you have witnes..
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