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1.A local pharmacy orders 15 copies of a monthly magazine. Depending on the cover story, demand for the magazine varies. The pharmacy purchases the magazines for $2.25 and sells them for $5.00. Any magazines left over at the end of the month are donated to hospitals and other health care facilities. Modify the newsvendor example spreadsheet to model this situation. Investigate the financial implications of this policy if the demand is expected to vary between 5 and 15 copies each month.
2."For the Koehler Vision Associates model you developed in Problem 10, use data tables to study how revenue is affected by changes in the number of appointments accepted and patient demand."
3.The admissions director of an engineering college has $500,000 in scholarships each year from an endowment to offer to high-achieving applicants. The value of each scholarship offered is $25,000 (thus, 20 scholarships are offered). The benefactor who provided the money would like to see all of it used each year for new students. However, not all students accept the money; some take offers from competing schools. If they wait until the end of the admissions's deadline to decline the scholarship, it cannot be offered to someone else because any other good students would already have committed to other programs. Consequently, the admissions director offers more money than available in anticipation that a percentage of offers will be declined. If more than 20 students accept the offers, the college is committed to honoring them, and the additional amount has to come out of the dean's budget. Based on prior history, the percentage of applicants that accept the offer is about 70%. Develop a spreadsheet model for this situation, and apply whatever analysis tools you deem appropriate to help the admissions director make a decision on how many scholarships to offer. Explain your results.
Compare and contrast the benefits of using qualitative and quantitative data collection methods as they apply to organizational development (OD).
Distinguish between a joint tenancy and a tenancy in common with regards to real property. What are the differences in the owners’ rights and obligations between the types of ownership?
If the pressure in the right ventricle is 10 mm Hg and the pressure in the blood vessle from the right ventricle to the lungs is 15 mm Hg, is the one way valve between these two open or closed? Does blood flow from ventricle to vessel under this cond..
A study finds a relationship between the number of libraries per capita in 50 California cities and literacy rates in those cities. What type of study is this?
You've just been hired as the director of new health care or human service organization (for example, a public health clinic). As the director, one of your first tasks is to draft mission statement and values statement for your organization.
Review the process for development of new products. Analyze why most new products fail.
Perceptions of physical attractiveness, age, gender, or ethnicity, or even simple mannerisms and patterns of speech may unintentionally influence the message.
What is the definition of mental illness? The term "mental illness" describes a wide range of both mental and emotional conditions that affect a person's everyday life. It can include but not limited to, depression, bipolar disorder and learning disa..
Propose two criminal laws you believe must be repealed. Include a copy of the penal code and your reasons for the laws’ repeal.
A client with partial-thickness burns over 40% of the body is likely to lose body fluid via. A client experiencing respiratory alkalosis as a result of asthma is likely to present with which of the following clinical signs?
What is a current issue between Native Americans and the federal government. Identify the legislation that you think is linked to the issue, and explain why you think there is a connection.
what is the role of health care services in the nation’s success and survival as a coherent democracy.
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