Fixed and variable costs for a healthcare organization

Assignment Help Operation Management
Reference no: EM131440764

Explain the difference between fixed and variable costs for a healthcare organization. Provide and discuss at least one example of a fixed cost in health care and one example of a variable cost in health care.

Reference no: EM131440764

Questions Cloud

Relate one business operation such as warehousing : Relate one business operation such as warehousing or storing or dispensing to points of care, how work is accomplished, to the information systems, how information and data from operations flow, within the healthcare supply chain.
Human diversity-cultural diversity and systems diversity : Describe what is meant by human diversity, cultural diversity, and systems diversity, and provide an example of why each type of diversity needs to be managed in a healthcare organization.
Compensatory-consequential and punitive damages : National Drilling Company ships its only pump to American Hydraulics Corporation, the manufacturer, for repair. National hires Overland Transport, Inc., to take the pump to American Hydraulics and to return it to National as soon as the repair is com..
Three metrics for healthcare supply chain operations : Evaluate three different benefits of improved information systems and utilization of at least three metrics for healthcare supply chain operations and management in terms of performance, health outcomes, and stakeholders’ perceptions.
Fixed and variable costs for a healthcare organization : Explain the difference between fixed and variable costs for a healthcare organization. Provide and discuss at least one example of a fixed cost in health care and one example of a variable cost in health care.
Thought about advocating for yourself or others : In the past, you have likely either advocated or thought about advocating for yourself or others. Think about advocacy situations you have encountered in your life. Reflect on those situations and answer the following questions: Describe one of the m..
How do organizations improve shareholders wealth : How do organizations improve shareholders' wealth when they know they are selling a product which may be harmful to society?
What are the latest initiative coming out of amazon : what are the latest initiative coming out of Amazon? How do they Stack Up in relation to the actual or potential competition?
What is simulation : Use the command m1 = VARMAsim(300,arlags = c(1),phi = C,sigma = S);zt = m1$series to generate 300 observations from the VAR(1) model

Reviews

Write a Review

Operation Management Questions & Answers

  T-bills currently yield

Suppose 1-year T-bills currently yield 7% and the future inflation rate is expected to be constant at 3.2%per year. What is the real risk-free rate of return, r*? Disregard any cross product terms.

  Solve the given model using solver

Use these data in the Bass forecasting model given by equations (8.21) through (8.23) to estimate the parameters p, q, and m. Solve the model using Solver and see whether you can duplicate the results in Table 8.8.

  Nondirectional hypothesis and null hypothesis

Match the terms in Set A with each of the statements in Set B. Set A Directional hypothesis, Nondirectional hypothesis, Null hypothesis, Not a hypothesis as stated.

  Is this a profitable investment if the discount rate

Suppose an initial investment of $100 will return $50/year for three years (assume the $50 is received each year at the end of the year). Is this a profitable investment if the discount rate is 20%?

  Debating conversational style

In the context of interpersonal communication, which of the following is true of a debating conversational style? (a) Topics are generally defined gradually and progressively. (b) aggressiveness is seen as one way to organize the flow of conversation..

  Identify a company with visible organizational culture

Identify a company with a visible organizational culture. Learn as much as you can about that company's culture, using library resources, online sources, contacts within the company, and as many creative means as you can.

  What are the main features of principled negotiation

What are the main features of principled negotiation? In the context of international business negotiation, what are the strengths and weaknesses of this approach? What are some considerations that might influence your strategy choice for an inte..

  Impact market and potential client interactions in future

In the past, dressing for a day at the office meant the traditional suit, tie, or blouse and skirt. Now with the rise of younger companies like Google and Amazon, a day at the office is more casual. For women, the trend to wear less sneakers and more..

  What are some of the pros and cons of product placement

Some people believe that product placement is a deceptive practice. What are some of the pros and cons of product placement? If you haven’t already, pick a side. Where do you stand on the issue and why? Give a sports marketing-related example to back..

  Manufacture of a product requires five sequential steps

The manufacture of a product requires five sequential steps. The reliability of each of the steps is 0.97, 0.88, 0.95, 0.94 and 0.99, respectively. What is the reliability of the process?

  Describe the modes of transportation available with

discuss the modes of transportation available with various organizations and their influence on the supply chain. write

  Does union diversification make unions stronger or weaker

Does union diversification make unions stronger or weaker? How would you feel as an auto worker to see the UAW representing employees outside the auto industry?

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