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-Hospital has 4 operating rooms -average contribution margin for general surgery is $2000 -average contribution margin for neurosurgery is $6000 -average work content for general surgery is 60 minutes -average work content for neurosurgery is 240 minutes
-Hospital has capacity/week for 100 general surgeries or 25 neurosurgeries -average demand for general surgeries is 80 and is 15 for neurosurgeries WHAT IS THE OPTIMAL PRODUCT MIX?
Who has succeeded and failed in the industry and why? What are the critical success factors?
An organization that manufactures medical research supplies delivers them to North American hospitals and medical centers. Deliveries may be made using trucks, air express, or a commercial delivery service.
Your company assmebles five different models of a motor scooter that is sold in specialty store in the United States. The company uses the same engine for all five models.
It takes four days for an order to be delivered. Safety stock is 65 gallons, which provides a stockout risk of 9 percent. What amount of safety stock would provide a stockout risk of 3 percent? Assume normality.
What are the advantages and disadvantages of using standard protocols and reference models such as the Open Systems Interconnection? Identify at least three of each.
A company operates two plants which manufacture the same item and whose total cost functions are C1=6+0.04q1^2andC2=5+0.06q2^2, where q1 and q2 are the quantities produced by each plant. The total quantity demanded, q=q1+q2 , is related to the price,..
A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth.
What are the factors that could explain differences in profitability across industries?
Many musicians and performers make a distinction between "good nervousness" and "bad nervousness". What do you think this distinction means? How does it apply to public speaking?
China Manufacturing Agents, Inc. is preparing a five-year plan. Today, sales are $1,000,000. If the growth rate in sales is projected to be 10 percent over the next five years, what will the dollar amount of sales be in year five? Bill plans to fund ..
what are the major differences between aggregate planning in manufacturing and aggregate planning in services?many
Which of the following BEST describes why the audit universe should be aligned with business objectives?
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