What is the labor per hour productivity

Assignment Help Operation Management
Reference no: EM13965600

Average costs to patients (Med Lab revenues) is $124 for Med Lab services. Labor costs average $18 per patient, materials average $32, outsource expenses average $19 per patient, and overhead is estimated to be $27 per patient. If the average time spent with each patient is three hours, what is the labor per hour productivity?

372.00 41.33 none 32.00 25.67

Reference no: EM13965600

Questions Cloud

Calculate the variance, range, and iqr of rt : Download SP500.xls from the course website. This file contains daily price of S&P500 between the December 3, 2012 and January 25, 2013. We first want to understand how the stock market performed in this period. Create a time series plot of S&P500 ..
Which methodology is more productive : A painter is considering using a new high-tech paint roller. Using the old method, the painter could complete three walls in forty minutes. Using the new paint roller, two walls can be completed in twenty-four minutes. Which methodology is more produ..
How would you define social inequality : Outline what the components of culture are (give a working definition and an example of each component) How would you define social inequality to someone who has never heard about the concept
Make sense to order a different quantity to reduce costs : Anna and Joachim have been ordering kits to assemble nativity sets in a fixed interval every 3 weeks, which they feel is sufficient to keep pace with demand of 77 kits per week. Should they continue to order in this interval, or would it make sense t..
What is the labor per hour productivity : Average costs to patients (Med Lab revenues) is $124 for Med Lab services. Labor costs average $18 per patient, materials average $32, outsource expenses average $19 per patient, and overhead is estimated to be $27 per patient. If the average time sp..
Discuss the impact of an open market operations : Discuss the implications for the Australian economy of a weaker than expected Chinese economy in 2016. Illustrate your arguments with the AS-AD model.
What were the underlying issues : Reflect on your former company- Hewlett Packard Enterprise Services:. Are you aware of, or were you part of, an initiative to turn around a struggling unit or division? If so, share your productivity improvement story. What were the underlying iss..
How exactly ARP facilitates the communications : Moe and Jennifer want you to explain step by step what occurs when a host wants to send a message. Discuss where ARP fits in and how exactly ARP facilitates the communications.
Create the next media message in the series : Read over the media messages released over the last two months. Choose one of the messages and create the next media message in the series

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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