Major help Needed STAT, Operation Management

Assignment Help:
Doc On Call (Q12 – Q14)

A company has started a phone service that uses overseas doctors to provide emergency medical consultations. The responding doctors are based in a country with low wages but with a highly skilled pool of physicians. Responding to each call takes on average 15 minutes. At any given moment in time, there are 4 doctors overseas on duty. Calls arrive every 5 minutes on average and standard deviation of the inter-arrival time is 5 minutes. The company receives $50 from the patient’s insurance company for each consultation. If one of the 4 overseas doctors is available, the firm pays $20 to the doctor and makes $30 in profit. If no doctor is available overseas, the call is rerouted to the U.S. where a local physician answers the question. A local physician is always available to take a call. In this case, the firm pays the $50 to the local physician, so there’s no profit for the company.



Q12. What is the percentage of calls being answered by a physician in the US? (Write the percentage, that is, if your answer is 53.22%, input 53.22 as the answer.)

Related Discussions:- Major help Needed STAT

Explain what is the wacc, Midwest Electric Company (MEC) uses only debt and...

Midwest Electric Company (MEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd = 10% as long as it finances at its target capital struct

Describe potential market share, From my experience, companies need to fact...

From my experience, companies need to factor in the competition and determine their market share. How might a company determine its potential market share?

Explain women understand the importance of behaving similar, The program, "...

The program, "Bully Broads" is designed to help Answer men understand the controlling nature of women. Women understand how their perception of what it takes to get ahead can be vi

Trans europlastic, #questiApplying the EBQ1 model, what batch size would yo...

#questiApplying the EBQ1 model, what batch size would you recommend for the babybath (143BB)? How long will each batch take to produce, and how many batches per year will be made?

Explain sarbanes-oxley act promote ethical behaviour, Identify three of the...

Identify three of the criminal penalties that can be charged under the Sarbanes-Oxley Act. How do these sections of the Sarbanes-Oxley Act promote ethical behaviour by corporations

Explain what prompted the change effort at the irs, What prompted the chang...

What prompted the change effort at the IRS, and what was targeted to change? Why was the proposed change controversial?

I want examples of some of these that are associated stories, I need exampl...

I need examples of some of these that are associated with the university. Liberty University. I know what they are i just need help with stories or exaples of these things that are

Explain how many units produced to maximize the profit, The Toys-R-4-U Comp...

The Toys-R-4-U Company has developed two new toys for possible inclusion in its product line. Setting up the production facilities to begin production would cost $50,000 for toy 1

Explain training programs relate to the company''s business, How do Loews' ...

How do Loews' training programs relate to the company's business strategy?

Write Your Message!

Captcha
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