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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 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.
What is the percentage of a call being answered by a physician in the US?
If annual demand is 24,000 units, orders are placed every 0.5 months, and the cost to place an order is $50, what is the annual ordering cost?
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What problems do the unethical or controversial actions of strategic present for an organization
Purchase of the goods on july 8th,20122.Return of the damaged goods on july 12,20123.Payment on July 15th,2012 te within a few minutes. How much must KC Toys pay MegoBlock (a) after the discount period? (b) within the discount period?
create an 8-10 slide ms powerpoint presentation with detailed speaker notes. include the followinga identify which iso
For years, David and Evie Wexler of The Little Guys Home Electronics had many ideas about how to improve the home electronics store in which they were working, but could not put them into action.
write a proposal of no more than 750 words outlining the research approach you will use for your strategic plan.
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