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A company has started a phone service that uses overseas doctors to provide emergency medical consultations. The responding doctors are based in a country with low wages but with a highly skilled pool of physicians. Responding to each call takes on average 15 minutes. At any given time, there are 4 doctors overseas on duty. Calls arrive every 5 minutes on average (standard deviation is 5 minutes). The company receives $50 from the patient’s insurance company for each consultation. If one of the 4 overseas doctors is available, the firm pays $20 to the doctor and makes $30 in profit. If no doctor is available overseas, the call is rerouted to the U.S. where a local physician answers the question. A local physicians is always available to take a call. In this case, the firm pays the $50 to the local physician, so there’s no profit for the company. What is the probability of a call being answered by a physician in the US? Then, what would be the additional profit if the company managed to have 10 doctors overseas on duty at any given time?
Ethical behaior is a corporate issue that affects the company's bottom line. How do ethichal issues impact organizations and operations? Include an example seen in the workplace, in the news, etc. that relates to real-life situations
What are some potential future trends and challenges in health care QI
Based on the organization you selected, write a marketing plan of 750-1,000 words. You can use "Marketing Plan" as a template for this section, omitting those topics covered in other sections of the Capstone document. Be sure to address the follow..
A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor for $9 each or to produce them in-house
Annie is most interested in reducing the time associated with creating the guest list. What is the crash cost per hour for that activity?
What kind of health care plan would you participate in? How much is your monthly premium? How much does your employer pay monthly?
Think of a situation (personal or hypothetical) where a newcomer came into a well-established group. How did the newcomer affect the task and social dimensions of the group? Was the acceptance into the group a smooth process?
Develop a training session on any one of the following topics: Prepare a task analysis of the skill you will be teaching. This will involve a step-by-step outline listing of the skills, knowledge, and behaviors necessary to perform the skill in the o..
Belief which helps solves difficult social problems create a desirable community also attract also keep skilled employees is known as which argument.
Market Research begins with:
Given the following data for a particular inventory item: Usage 500 units/week Ordering $40 per order Carrying Cost $.01 per unit per week Lead Time 3 weeks Price $.50 per unit
Develop a research paper discussing the components of construction project management that occur in the pre-construction planning phase. Give an overview of the design process and who is involved with the process. Discuss the roles of key project ..
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