Does cc billing process appear to be in control

Assignment Help Management Theories
Reference no: EM131656839

Question: CC, Inc., provides billing services for the health care industry. To ensure that its processes are operating as intended, CC selects 100 billing records at random every day and inspects each record to determine if it is free of errors. A billing record is classified as defective whenever there is an error that requires that the bill be reprocessed and mailed again. Such errors can occur for a variety of reasons. For example, a defective bill could have an incorrect mailing address, a wrong insurance identification number, or an improper doctor or hospital reference. The sample data taken from the most recent five weeks of billing records are contained in the file CC Inc. Use the sample information to construct the appropriate 3-sigma control chart. Does CC's billing process appear to be in control? What, if any, comments can you make regarding the performance of its billing process?

Reference no: EM131656839

Questions Cloud

Basic steps in financial analysis : List the five (5) basic steps in financial analysis.
Normalization process to relation : Apply the normalization process to this relation. State the referential integrity constraint.
What would happen to the value of the bond : What would happen to the value of the bond if the inflation rate unexpectedly goes up? What the bond value increase or decrease?
Properties required of equivalence relations : Show that the relation satisfies the three properties required of equivalence relations.
Does cc billing process appear to be in control : Does CC's billing process appear to be in control? What, if any, comments can you make regarding the performance of its billing process?
Firm name and overview of its purpose : You are tasked as the Chief Information Security Officer for a large Fortune 500 International Firm to plan, develop and manage the functions
Why strategy implementation can fail and twelve safeguards : Briefly discuss twelve (12) reasons why strategy implementation can fail and twelve (12) safeguards that can prevent implementation from failing.
Develop policy that reflects the organisations commitment : Develop policy that reflects the organisation's commitment to sustainability as an integral part of business planning and as a business opportunity.
Describe how a just-in-time production systems works : Describe how a just-in-time production systems works. Describe the three phases in the traditional LCA process.

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd