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The emergency room at HSI serves patients who arrive according to a Poisson distribution at the rate of 9 per hour. Treatment takes an average of 6 minutes and the treatment times can be considered to follow an exponential distribution. What is the
(a) minimum number of doctors required so that at least 70% of the arriving patients can receive treatment immediately?
(b) minimum number of doctors required so that the average time a patient waits for treatment is no more than 30 minutes as advertised? No more than 15 minutes?
The organization has $200,000 in outstanding senior loans already which pays 6% interest also decides to issue $100,000 in preferred shares also $200,000 in common stock in order to finance its growth.
What are the advantages of cutting the ‘total cost cube’ in different ways? Summaries the different perspectives on logistics costs provided by fixed/variable, direct/indirect and engineered/discretionary costs, and by activity-based costing.
Construct the types of reports and how they will be delivered. Discuss how this might be integrated into the change management process. Define who has the final authority for sign-off to extract from the contingency budget to mitigate risks.
In October, the union began an organizing drive involving nursing personnel employed at the Medco Hospital (the employer). “Visitors, patients and other nonemployees may not solicit or distribute literature on any hospital property for any purpose at..
Evaluate your government agency or non-profit corporation against the four generic building blocks of competitive advantage: efficiency, quality, innovation, and responsiveness to customers. How does this exercise help you understand the performance ..
Discuss how expert systems, neural networks, and genetic algorithms can help scientists meet medical challenges. Provide an example of each system. Select one of your three examples and describe the system more in-depth. Give an example of a system c..
Luthans and Doh (2012) discuss managing alliances. In your professional opinion as an international manager, what are the three most important pieces of information that you want to know about any organization while maintaining an alliance? Briefly e..
The world price of cotton is below the no-trade price in Great Britain and above the no- trade price in Peru. Using supply and demand diagrams and welfare tables such as those in Chapter 9, show the gains from trade in each country. Compare your resu..
What is Maslow's Hierarchy of Needs Theory and how this impacts a trainee’s motivation to training and learning?
List 5 - 7 approaches or strategies you would include in your plan on expanding your business via exporting your products 2. For each approach of strategy explain why you would select it and how it would mitigate risk or facilitate success.
What factors operate in the VDOT's general and specific/internal environment and what impact did this have on the VDOT's effectiveness.
Many towns and small cities have Web sites that they use to interact with their citizens. Describe three departments that should be included on the home page of a small town’s Web site and describe the citizen interactions that should be facilitated ..
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