Who gets treated and who has to wait

Assignment Help Operation Management
Reference no: EM131305000

Work through the simulation titled Resource Allocation from the end of Chapter 8 of your course text. Review the various options in the simulation, then select "Your Own Option" to type out your own solution to the scenario. You will need to copy and paste your response from "Your Own Option" into the discussion board forum. Here is a brief synopsis of the simulation regarding the hospital's budget and dilemma:

Hospital costs in millions for one year:

One 35-year-old cancer patient who needs significant time with the doctor, medical supplies, tests, and around the clock care

Emergency Room operations for daily care and treatment of about 100 people (~365,000/year)

2 Senior Patients who need hip replacement surgery.

10 patients (ranging in age from 18 to 45) receiving assistance in your inpatient drug/alcohol rehab

An MRI unit that is on the fritz and could die any day. Replacement

One of your two X-ray machines is inoperable and must be replaced:

Ambulance drive-in area was damaged and needs to be repaired:

Training needs for nursing staff for certification requirements:

For this discussion, address the following:

You have $700 million in expenses and only $500 million to work with. How do allocate your resources?

Who gets treated and who has to wait?

What about your facilities?

Determine what you plan to do and explain your reasoning as well as the ethical considerations behind your decision.

Your initial response must be at least 250 words and must use at least two scholarly sources.

This is the link to the simulation at the end of Chapter 8-

https://ne.edgecastcdn.net/0004BA/constellation/Articulate/HCA322/HCA322_ch8/story.html

Reference no: EM131305000

Questions Cloud

Why is it an important network design goal : Discuss the term "scalability." What does it mean? Why is it an important network design goal? What are some challenges designers face when designing for scalability?
Why might competitive pressure lead a hedge fund manager : Why might competitive pressure lead a hedge fund manager to take on more leverage? Would the same reasoning apply to the managers of an investment bank? Briefly explain.
Are more people working past the age of sixty five : Are more people working past the age of 65? Is retirement as stress free as it is portrayed in the media or is it dependent on other factors such as financial security, capacity, etc.?
What risks did it pose to the financial system : What is leverage? What information from this excerpt indicates that Long-Term Capital Management was highly leveraged?
Who gets treated and who has to wait : Who gets treated and who has to wait?What about your facilities?Determine what you plan to do and explain your reasoning as well as the ethical considerations behind your decision.
A review of a biography of the british investment banker : What is underwriting? In what sense is an investment bank that engages in underwriting acting as a financial intermediary?
Assuming no additional charges or costs will occur with loan : You have just agreed to a new loan and have purchased a $3,000 computer today. The loan has a 19.6% annual interest rate, compounded monthly. The minimum monthly payment is $58 and you do not expect to ever pay more than the minimum payment. Assuming..
Briefly describe history and companys main operations : IT Strategy (BUSS 0020) Identify how competitive advantage of the company is gained by the use of IT/IS - Evaluate the role of IT/IS in the company by analysing the use of IT/IS in particular function and its reflection on company' performance.
What is the fdic and why was it established : What are state banks? What are national banks? Why is the United States said to have a dual banking system?

Reviews

Write a Review

Operation Management Questions & Answers

  Compare the human resources philosophy of two companies

Compare the human resources philosophy of two companies from the same industry. Comparison should include their similarities, differences and at least one item that gives that company a competitive advantage.

  Should the power to send soldiers to war

Should the power to send soldiers to war--or maybe just a few soldiers, for a specific mission--be a decision made, usually very contentiously, in public, by the people's representatives? Or should it be made mostly by experts, mostly in secret, by a..

  Evaluating your organizations reward system

Organizational reward systems vary in effectiveness.  The purpose of this exercise is to measure key characteristics of your organization’s reward system and evaluate its effectiveness. On a 100-point scale (1 = extremely ineffective; 50 = average ef..

  Explain the operations functions transformation process and

1 describe the operations functions transformation process and provide an example for each element. 2 distinguish

  Commercialization of the evista product

Is the "heavyweight" project teams an approach that you would recommend to Lilly for commercialization of the Evista product

  Who is responsible for aspects of asset-liability management

In your own words describe what asset-liability management is and who is responsible for the five aspects of Asset-Liability Management: liquidity, interest rates, currency, funding of capital projects, and planning for profit and growth for the F..

  Design specification for a product

For a given design specification for a product, the sigma of a 4 sigma process is larger or smaller than the sigma of a 5 sigma process for this product?

  What is the new economic order quantity for the product

What is the new economic order quantity for the product? Develop a general expression showing how the economic order quantity changes when the annual holding cost rate is changed from I to II.

  What will the new service probability be

Annual demand for a product is 16,640 units; weekly demand is 320 units with a standard deviation of 55 units. The cost of placing an order is $160, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.85 per ..

  Management department at scholars university holds workshops

Management department at Scholars University holds workshops annually in collaboration with two other universities. The department wishes to create a database with the following entities and attributes:

  Contrast the two conceptualizations of empowerment

Compare and contrast the two conceptualizations of empowerment. Discuss the criticism of empowerment. Share what approach of empowerment you use or would like to use.

  Your insights as result of reporting and evaluating research

Describe your insights as a result of Reporting and Evaluating Research and how it is related to everyday encounters with research. What types of research findings do you see every day? What has been the impact of the time you have spent studying the..

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