Major help Needed STAT, Operation Management

Assignment Help:
Doc On Call (Q12 – Q14)

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 moment in time, there are 4 doctors overseas on duty. Calls arrive every 5 minutes on average and standard deviation of the inter-arrival time 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 physician 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.



Q12. What is the percentage of calls being answered by a physician in the US? (Write the percentage, that is, if your answer is 53.22%, input 53.22 as the answer.)

Related Discussions:- Major help Needed STAT

Explain what is its current yield, Consider a $1,000 par value, 7% annual c...

Consider a $1,000 par value, 7% annual coupon bond. The bond matures in 9 years. Assuming the bonds required return is 10%, what is its current yield? (Semi-annually compounding)

What are the activities of value chain analysis, What are the activities of...

What are the activities of value chain analysis? Activities are business activities the organisation manages so as to add value for example, the product or service is worth mor

Describe transfer of training, Explain "transfer of training" Share your ex...

Explain "transfer of training" Share your examples of how/when this has happened? Question: suggest a name for online groccery store which has online delivery in 30mins?

Explain state licensure requirement, Discuss state licensure requirements t...

Discuss state licensure requirements that an organization must comply with in order to become a Medicare Advantage Plan, any exceptions to the State licensure requirement, and any

Explain technology helps prevent or solve crimes, Identify and post 8 ways ...

Identify and post 8 ways that technology helps prevent or solve crimes and 8 ways that technology has made crimes easier for criminals.

Describe how trade lowers the costs of making computer parts, closing case:...

closing case: Logitech Best known as one of the world's largest producers of computer mice, Logitech is in many ways the epitome of the modern global corporation. Founded in 198

Explain importance of strategic management, In light of the various theorie...

In light of the various theories of Strategic Management and Competition touched on in this course (e.g., the Resource Model of the Firm, internal/external analysis, SWOT, Value Ch

Describe swot analysis for long-term strategic planning, Prepare a SWOT ana...

Prepare a SWOT analysis for long-term strategic planning at Sigma Marketing

Write Your Message!

Captcha
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