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The concept of value (improved benefits at lower costs) is important to those who finance healthcare, including private employers, the government, and managed care organizations. Value can be increased by improving quality, reducing cost, or both. Should the government be in a central position to issue physician practice guidelines based on cost efficiency? Why or why not? Support your rationales with evidence from the literature.
Annual demand for number 2 pencils at the campus store is normally distributed with mean 1,000 and standard deviation 250. The store purchases the pencils for 6 cents each and sells them for 20 cents each. The cost of a stockout is the cost of lost p..
Le Meridien in San Francisco has 160 rooms. The hotel has an ample low fare demand at the room rate of $200 per night, but the demand from the high fare class, which pays $450 per night on average, is uncertain.
OSHA revised the HAZCOM 2012 such that it is aligned with the United Nations Global Harmonization Standard (GHS). Explain why that alignment is important to an employer located in the United States. Use at least one peer reviewed reference to su..
What is the purpose of a database? Describe a database and its various elements. Define Primary Key, foreign key, and metadata.
The Petroco Service Station has one pump for regular unleaded gas, which (with an attendant) can service 10 customers per hour. Cars arrive at the regular unleaded pump at a rate of 6 per hour. Determine the average queue length, the average time a c..
How does the purpose of ERP differ from the purpose of MRP II?
What was the outcome? How might you bring about a different outcome if a similar experience occurred today? Support your comments by discussing one or more examples from the contemporary environment that parallel your experience. Cite at least one..
Hono Golf is a manufacturer of golf products in Taiwan and China. One of the golf accessories it produces at its plant in Tainan Hsing, Taiwan, is plastic golf tees. The injector molder produces golf tees that are designed to have an average heigh..
Describe why a tagline is an important part of blue ocean strategy. Evaluate a tagline for a product from a publicly traded company, in an industry you have not used in the course to date
Bribery and corruption are common in some countries, and for people in those countries, they are a normal part of doing business. U.S. Why does the United States adopt this ethical and legal stance if people in the country accept bribery as the norm?..
Review the different types of techniques guests use to assess service quality after their experience found in Table 12-3 in Chapter 12 of your textbook. Choose the best technique for measuring hotel service quality standards and create three to five ..
What are the risks and opportunities of the strategies followed by Pepsi? of Coca Cola?
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