Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Worthwhile hospital has a total expenditure budget for the next year of 5 million dollars, three million have already been committed for capital assets that have been acquired. The remaining 2 is available for new assets and for new projects or programs. The hospital typically divides the available capital expenditure funds into monies for inpatient and outpatient services. This year a 50-50 split is proposed. The CFO is also proposing that a scoring system be used to evaluate this year's proposals. A scoring system has been set up that allows a maximum of 5 points, thus the low score is one and the high score is 5. The CFO will allow 1 bonus point for upgrading existing equipment and 1 bonus point for funding expansion of existing programs. The director of ICU wants to secure as much of the million for inpatient services for ICU, The director of the surgery unit wants to secure as much as possible for his unit. Given the new scoring system, how would the director if ICU go about choosing what to request? The surgery directors, is about to choose his strategy for creating capital expenditure funding proposal for the coming year, the unit needs more room. The surgery unit is running at 90% capacity, in addition the cardiology surgeon wants to create a cardiac surgery program that requires extensive funding for space and state of the art equipment. What would the director of the surgery unit ask for? How would he go about crafting a strategy to justify his request, given the new scoring system?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91350520

Have any Question?


Related Questions in Operation Management

A city ordinance has been proposed for your community it

A city ordinance has been proposed for your community. It would require that all sales of alcoholic beverages take place no closer to churches or schools then two city blocks. If it is enacted into law, six businesses (r ...

The ritz-carlton hotel used a customer opinion questionaire

The Ritz-Carlton Hotel used a customer opinion questionaire to obtain performance data about its dining and entertainment services (The Ritz-Carlton Hotel, Naples, Florida, February 2006). Customers were asked to rate si ...

1 do you think that large organization like airlines with

1. Do you think that large organization like airlines, with thousands of employees with different expertise, may benefit from enterprise wikis? Do you think workplace wikis can help organizations? 2. Shows the example of ...

Right to curenbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp nbsp

Right to Cure.                                             FACTS: Metro-North Commuter Railroad Co. decided to install a fall-protection system for elevated walkways, roof areas, and interior catwalks in Grand Central Te ...

This case analysis is designed to encourage you to conduct

This case analysis is designed to encourage you to conduct an analysis of a foreign market entry mode decision for CorePower Yoga, the Colorado headquartered company. Studies have found Yoga’s meditation treatment effect ...

Race one motors is an indonesian car manufacturer at its

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 305 per day, and it uses these subcomponents at a rate of 12,200 per y ...

Analyze the current driving forces of the healthcare

Analyze the current driving forces of the healthcare industry. Develop strategic goals for various levels of a healthcare organization. Compare strategic thinking, strategic planning and strategic momentum.

Discussionthe course scenario stated the following relative

Discussion The course scenario stated the following relative to this assignment: As happens on occasion, there were some factors that had an effect on company profits, but the Chief Executive Officer (CEO), Jared Smith, ...

Professional practicum - action plan of all the actions

Professional Practicum - Action Plan Of all the actions that you took, which 3 to 5 do you believe had the most impact on the success of the project? What would you do differently for the next project? What are the 5 mos ...

Two footballers considering of taking steroids one

Two footballers considering of taking steroids. One footballer decides to take it, he will be better compared to other making it obvious but steroids can be detected. Make a game, identify players, payoffs and choices al ...

  • 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