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A hospital only provides care to hernia patients. Each patient spends 4 nights at the hospital. This includes preparation of the patient before the hernia surgery and recovery after the hernia surgery. As a new initiative, The hospital tries to adopt less invasive procedures to reduce a patient’s length of stay at the hospital. Suppose the hospital invests in new technology and reduces the hospital stay per patient to 3 nights. The hospital has 120 rooms and one bed in each room. Surgeries are performed 7 days a week, Monday through Sunday. The number of surgeries performed per day is the same for each day of the week.
How many surgeries must be performed on average per day for the daily bed utilization to be at least 80%?
60 surgeries are scheduled per day 7 days a week. Each surgeon works 5 days a week and performs at most 4 surgeries a day. How many surgeons are needed on average for the weekly average surgeon utilization to be below 80%?
A U.S. Government bond with a face amount of $10,000 with 13 years to maturity is yielding 5.5%. What is the current selling price?
Compare and contrast the issues in private sector subcontracting to privatization in the public sector.
Studies on a bottle filling machine indicates it fill bottles to a mean of 16 ounces with a standard deviation of 0.10 ounces. What is the process specification, assuming the Cp index of 1?
If line employees are requisite d to assume quality control function, ir productivity will decrease. Discuss this. You don't inspect quality into a product; you have to build it in." Illustrate what is your opinion.
Describe how would you prepare a team of 3 managers to go to Warsaw, Poland, to oversee the operations of a recently acquired financial services industry. They will be leaving in one month also the assignment lasts 2 years.
How much longer should you stay as primary consultant? You feel your effectiveness is waning because you have become too close to the group and have not addressed the connection of the board to the president. The team is becoming dependent on you.
All of the following are decisions that should be addressed when formulating a business-level strategy EXCEPT:
Which of the following are the primary functions of all organizations? According to the authors, which of the following strategic concepts allow firms to achieve their missions? The phases of project management are.
What are the qualities that make a future issue a tigger? What are the three guidelines that good contingency plans should follow? How do you formulate a three-part tigger/contigency pair?
What is the typical profile of a venture champion? What do we know about them? What makes the successful?
Project Manager Lani Jo is evaluating whether to have her company’s IT department develop the software needed by her project. Based on the Plan Procurements process of Project Procurement Management, describe the technique(s) and factors Bobbie Sue s..
Discuss the differences among the three major components of statistical methodology (descriptive statistics, statistical inference, and predictive statistics). Why might these distinctions be important to a manager
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