Determine the maximize effectiveness at the least cost

Assignment Help Operation Management

Reference no: EM13738031

Determine the following before deciding a prescription: (a) maximize effectiveness at the least cost; (b) maximize effectiveness at a fixed cost of $10,000; (c) achieve a fixed-effectiveness level of 6,000 units of service at a fixed cost of $20,000; (d) maximize net benefits, assuming that each unit of service has a market price of $10; (e) maximize the ration of benefits to costs, assuming that each unit of service has a market price of $10.

Determine which of the two main programs (Program I and Program II) should be selected under each of these criteria. Justify your position.

Describe the conditions under which each criterion may be an adequate measure of the achievement of objectives.

Reference no: EM13738031

Questions Cloud

What are the costs and benefits of fdi inflows for a host : What are the costs and benefits of FDI inflows for a host country such as Germany. Will foreign firms such as GM always make decisions in the best interest of the host country

Models of crisis intervention : What similarities do you see across the various models of crisis intervention? What are some of the most important aspects for you?

Identify the causes for american involvement in the war : Identify the causes for American involvement in the war. Present an analysis of the major military campaigns of the war.

Various roles and responsibilities of a case manager : Discuss the various roles and responsibilities of a case manager. Explain the importance of being able to identify problems and causes of behavior using theoretical models. Include at least one theoretical cause of problem behavior.

Determine the maximize effectiveness at the least cost : Determine the following before deciding a prescription: (a) maximize effectiveness at the least cost; (b) maximize effectiveness at a fixed cost of $10,000; (c) achieve a fixed-effectiveness level of 6,000 units of service at a fixed cost of $20,0..

Various types of database management systems : A ) Write 2-3 pages on Database Management Systems (DBMS) covering the following: Various types of database management systems Commercial RDBMS in the market today.

Write a paper using the retail pictures : The goal is to write a paper using the retail pictures and refrence them by writing about retail trends and strategies

A selection with a single action : Question 1.1. (TCO 4) Which pseudocode keyword is not included in a selection with a single action? (Points : 2)IfThenElseEnd If

Who contributed more to the development of greek science : Who contributed more to the development of Greek science, Aristotle or Plato? Be sure to present a coherent argument with illustrations.

User Account

All Pages