Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Management Theories Expert

Question: What does Just-in-time inventory management have to do with the Carle Heart Center in Urbana, Illinois? The Carle Heart Center is one of the most sophisticated cardiac care facilities in the Midwest. Integral to the success of Carle are three separate cardiac catheterization labs that are miles apart. These cath labs have pioneered techniques and technologies ranging from intravascular brachytherapy to digital cardiovascular imaging. The latest addition to this forward-thinking heart care center is a department-wide networking system from General Electric Medical Systems called CardioLink. Part of the Cardiolink is a just-in-time (JIT) inventory system. According to Carle's Cath Lab Manager Alan Kettelkamp, "Department-wide access to our Lab Management Tools not only eliminates the need for maintaining individual inventory systems for each lab, it also allows us to apply JIT techniques. We simply push a button to see which supplies are below our par levels, by vendor. Our inventory specialists can then print our replenishment orders and fax them out for the next day shipment. We're even able to enter the replenishments into our system with bar-code reader. This system has perfected our order-management process, and it has allowed us to reduce our total inventory significantly."

1. What are the benefits of the JIT inventory management system to Carle's Cath Lab?

2. What do you think would be a "safe" inventory level for Carles's Cath Lab? Is it 3 to 4 days as with Dell, or is it longer?

3. In what other critical service areas besides health care would a JIT inventory management system prove beneficial?

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M92253899

Have any Question?


Related Questions in Management Theories

Three friends tom jerry and mary were having coffee in the

Three friends, Tom, Jerry and Mary were having coffee in the GOSSIP CAFÉ and were discussing their job prospects. Tom told his mates that he has just resigned from his current job because he worked long hours and did not ...

Assignment -instructions - please follow instructions for

Assignment - Instructions - Please follow instructions for all for Personal Learning Journal. And each personal learning journal should be of 300words. Each student will keep a personal journal to reflect and record thei ...

Suppose a machine has two components that prevent injury

Suppose a machine has two components that prevent injury; component A and component B. If either of the components fail, an employee will be injured.  It is important to note that both A and B cannot fail at the same tim ...

Team projectprepare an evaluation of quality within the

Team Project Prepare an evaluation of quality within the organization chosen by the team Use information learned in this course and in prior courses in statistics or quantitative methods, apply the appropriate tools to f ...

Each of 30 teams in a league has a demand for generic

Each of 30 teams in a league has a demand for generic advertising of Q = 260 - 4P. Price is measured in thousands of dollars. Ads cost $510,000 each. How many ads will the teams want to purchase as a group?

Assignmentlearning outcome recognize the impact of

Assignment Learning Outcome: Recognize the impact of organizational culture on shaping values, attitudes and behavior. Case Study: Foundations of Individual Behavior Differing Perceptions at Clarkston Industries Susan Ha ...

Assignment -for this assignment analyze and discuss your

Assignment - For this assignment, analyze and discuss your personal leadership style. Based on your experiences, current readings, work experience, education, and use of self-assessment instruments describe what you thin ...

Question - choose a product or technology interview five

Question - Choose a product or technology. Interview five consumers who buy that product and ask them what major problems they have with the product (or what major things they dislike about it). Then ask them to describe ...

Final reflection-preparing for final assignmentthroughout

Final Reflection- Preparing for Final Assignment: Throughout the course, numerous topics on healthcare management have been discussed. Reflecting on the different discussions, readings, assignments, and your previous cou ...

Write a paper of 1000-1500 words that addresses the

Write a paper of 1,000-1,500 words that addresses the following: 1. Discuss two or three of the major shifts that have occurred in managerial theories and concepts pertaining to the evolution of human resources. 2. Descr ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As