Questions
Medicaid and HMO Paper Directions Review the following video: Medicaid and HMOs Video. • Assignment: Should...

Medicaid and HMO Paper Directions

Review the following video: Medicaid and HMOs Video.
• Assignment: Should Medicaid and HMOs join forces?
• Write a 2 – 3 page paper in what you find out about whether or not the HMO’s representative claims were correct. Does an HMO, enrolling Medicaid patients promise; one, cost efficiency and two improvements in quality of care? One site you can get started is The National Bureau of Economic Research. There are many other sites you can look at to get data about this. So that’s your assignment. Good idea? Bad idea and why? Back it up with some good data. That’s all there is to it. Good Luck!”

Consider:
• Would the state save money by enrolling members in an HMO? How so?
What would happen to the quality of care? Give possible examples. Cite your references.


In: Nursing

Medicaid and HMO Paper Directions Review the following video: Medicaid and HMOs Video. • Assignment: Should...

Medicaid and HMO Paper Directions

Review the following video: Medicaid and HMOs Video.
• Assignment: Should Medicaid and HMOs join forces?
• Write a 2 – 3 page paper in what you find out about whether or not the HMO’s representative claims were correct. Does an HMO, enrolling Medicaid patients promise; one, cost efficiency and two improvements in quality of care? One site you can get started is The National Bureau of Economic Research. There are many other sites you can look at to get data about this. So that’s your assignment. Good idea? Bad idea and why? Back it up with some good data. That’s all there is to it. Good Luck!”

Consider:
• Would the state save money by enrolling members in an HMO? How so?
What would happen to the quality of care? Give possible examples. Cite your references.

In: Operations Management

JAVASCRIPT: - Please create an object (grade) with 10 names and 10 grades. - Create a...

JAVASCRIPT:

- Please create an object (grade) with 10 names and 10 grades.
- Create a method (inputGrade) that can put a name and a grade to the grade object.
- Create another method (showAlltheGrades) to show all the grade in that object.
- Create the third method (MaxGrade) that can display the maximum grade and the student name.
- Using “prompt” and inputGrade method input 10 student names and their grades.
- Display all the grades and names by using showAlltheGrades method.

NOTE: Make sure to use the push() method when adding elements to the arrays.

Prefer to use NotePad++ or Note Pad to type code. Please add on to the Pseudo Code and convert it into the javascript needed. Thank you

PLEASE USE THE REFERENCE JAVASCRIPT CODE BELOW!

[Reference JavaScript code]

<<html>

<body>

<script>

// Declare a class

   class Student {

   // initialize an object

      constructor(grade, name) {

           this.grade=grade;

           this.name=name; }

      //Declare a method

      detail() {

        document.writeln(this.grade + " " +this.name)

     }//detail

   }//class

var student1=new Student(1234, "John Brown");

var student2=new Student(2222, "Mary Smith");

student1.detail();//call a method

student2.detail();

</script>

</body>

</html>

[Find max pseudo code]

max← A[1]

while i < 10

if A[i] > max

   max = A[i]

    i ← i + 1

end while

In: Computer Science

1.         The closed end of a Boyle’s law crooks tube is shown to the right. The...

1.         The closed end of a Boyle’s law crooks tube is shown to the right. The internal diameter of the tube is 4.0 mm. The tube is cylindrical topped by a hemisphere with the same radius as the tube. It is 3.8 cm from the mercury to the bottom of the hemisphere.

What is the volume of gas trapped in this tube in cm3?

2.         4.25 L of air was trapped in a balloon at sea level where the pressure is 1.00 atm. You throw it in your car and drive to red Lodge Montana (at 5500 ft) and then up the Beartooth Pass at 10,006 ft, (See the next page) where atmospheric pressure is 0.703 atm.

            What is the volume of the balloon on top of the pass?

3.         In actuality it is cold on top of this pass. The winter snow typically keeps the pass closed until about Memorial Day and sometimes July 4th.

            Suppose the balloon was filled on a hot day when T = 28oC. On top of the pass on a June day is it a cool 3oC. (I hope you remembered you coat!)

            Considering both the pressure and temperature, what is he balloon’s volume?

In: Chemistry

Explain what Fair Trade seeks to do. State two advantages produced by the Fair Trade model...

Explain what Fair Trade seeks to do. State two advantages produced by the Fair Trade model and two disadvantages.

In: Economics

Descirbe what energy transformations and/or transfers are occuring in the following activities. Add enough detail to...

Descirbe what energy transformations and/or transfers are occuring in the following activities. Add enough detail to justify your answer.

A) Chemical energy to thermal energy followed by work done.

B) Kinetic energy to potential energy with no change in thermal energy.

In: Physics

This week we have been learning about the methods archaeologists and paleontologists use to reconstruct the...

This week we have been learning about the methods archaeologists and paleontologists use to reconstruct the past. Now it’s time to get creative and apply this new knowledge to the present day. This is going to involve a little bit of research and creativity on your part. Pick a room in your house, apartment, dorm, or alternative domicile. If you walked out the door today and your room remained untouched for 100, 1,000 or 50,000 years, what would be left for archaeologists in the future to analyze?

Think about the types of materials that make up your room and how they will degrade over time. Do you have metal, ceramic, glass, and wood in your room? Did you leave chicken bones in your trash or canned soup in the pantry? What types of methods that we employ today, would researchers use to “date” your room? For example if you have ceramic dishes an archaeologist might use thermoluminescence dating to try to figure out when they were made.

Post a paragraph discussing a few of the main things that you think might still be around for archaeologists to find, and include how researchers might identify how old they are. You can insert pictures or drawings in your post if you would like too. In addition, think about what types of issues researchers in the future could have trying to analyze materials from today?

In: Biology

Think about a bacterial cell entered the blood stream of a human. State the probable sequence...

Think about a bacterial cell entered the blood stream of a human. State the probable sequence of immunological interactions and responses that will occur in both innate and adaptive immune system and support your answer with molecules, receptors, pathways and cells involved. (200-300 words)

In: Biology

CASE MATERIALS: THE CLASSIC PEN COMPANY CASE Case Abstract The case is designed to help you...

CASE MATERIALS: THE CLASSIC PEN COMPANY CASE

Case Abstract

The case is designed to help you develop an understanding of how to build an activity-based-costing model and why activity-based-costing may be more appropriate in practice than functional unit-based overhead cost allocation methods. The case requirements ask you to apply overhead and calculate product costs and gross profit using traditional plant-wide overhead allocation methods, assess the accuracy of the costing methodology given the operational environment, apply activity-based-costing concepts to recalculate the product costs and gross profit, and then effectively communicate the results of your analysis, evaluation, and recommendations in the form of a professional written memo.

Case Narrative

Jane Dempsey, controller of the Classic Pen Company, was concerned about the recent financial trends in operating results. Classic Pen had been the low-cost producer of traditional blue pens and black pens. Profit margins were over 20% of sales.

Several years earlier, Dennis Selmor, the sales manager, had seen opportunities to expand the business by extending the product line into new products that offered premium selling prices over the traditional blue and black pens. As a result, five years ago, red pens were introduced. Red pens required the same basic production technology but could be sold at a 3% premium. Last year, purple pens were introduced because of the 10% premium in selling price they could command.

Jane reviewed the financial results for the most recent year and was keenly disappointed. While the new red and purple pens seemed to be more profitable than the blue and black pens, the overall profits were down and none of the product lines were earning profits at the level that the blue and black pens had earned in the past. She is wondering if more specialty pens selling at higher margins should be introduced to boost profits.

The production manager, Jeffrey Donald, was concerned about this approach. “Five years ago, life was a lot simpler. We produced just blue and black pens in long production runs, and everything went smoothly. Difficulties started when the red pens were introduced and we had to make more changeovers. To product red pens, we have to stop production; empty the vats, clean out all remnants of the previous color, and then start production of red pens. Making black pens was easy. We didn’t even have to clean out the residual blue ink from the previous run. It was absorbed in the darker black ink. However, even small traces of either blue or black ink caused quality problems with the red pens and to a lesser extent, with the purple pens.” Jeffrey also reported that the new pens caused more time to be spent on purchasing, scheduling, and tracking.

Operations

Classic produces pens in a single factory. The major task was preparing and mixing the ink for different colored pens. The ink was inserted into the pens in a semi automated process. A final packing and shipping stage was performed manually.

Each product had a bill of materials that identified the quantity and cost of direct materials required for the product. A routing sheet identified the sequence of operations required for each manufacturing process. The information was used to calculate the labor expenses for each of the four products. All of the plant’s indirect expenses were aggregated at the plant level and allocated to products based on direct labor cost. Labor is paid at the rate of $10 per hour.

Indirect costs were estimated as follows:

Expense

Amount

Indirect labor

20,000

Fringe benefits

16,000

Computer systems

10,000

Machinery

8,000

Maintenance

4,000

Energy

2,000

Total

60,000

Fringe benefits were 40% of direct and indirect labor.

About half of the indirect labor resulted from scheduling production runs, which includes scheduling orders, purchasing, preparing, and releasing material for each run. Approximately 40% of the indirect labor was required for the physical changeover from one color pen to another. As noted previously, the changeover from blue to black ink was relatively short (1 hour) while the changeover for the other color pens was much more extensive, particularly for red pens. The remaining 10% of indirect labor was for time spent maintaining records on the four products. This activity was essentially equal for each product.

Most of the computer expense was used to scheduling production runs in the factory and to order and pay for the materials required in each production run. Since each production run was specific to a single customer, the computer time required to prepare shipping documents and to invoice and collect from a customer was also included in this activity. In total, about 80% of the computer resource was involved in the production run activity. The remaining time was used to keep records on the four products, which was essentially equal.

The remaining three categories of overhead expenses were incurred to supply machine capacity to produce the pens. The machines had a practical capability of 10,000 hours of productive time.

Sales and production information for the four product lines is as follows:

Blue

Black

Red

Purple

Production sales volume

50,000

40,000

9,000

1,000

Unit selling price

$1.50

$1.50

$1.55

$1.65

Material cost per unit

$0.50

$0.50

$0.52

$0.55

Direct labor per unit (hrs)

.02

.02

.02

.02

Machine hours per unit

.1

.1

.1

.1

Production runs

50

50

38

12

Setup time per run (hrs)

4

1

6

4

Case Requirements

  1. Calculate a plant-wide predetermined overhead allocation rate based on direct labor cost and apply overhead to the four product lines. Calculate total product costs for the four lines using the plant-wide allocation rate and show the gross profit rate and unit cost for each.
  1. What assumptions are implicit in this company’s method of allocating overhead costs to the product lines? Do you believe these assumptions are supported by the operational procedures described in this case? Discuss.

  1. Identify the main activities performed in the production process. Perform a first stage cost allocation and calculate allocation rates for each activity. Comment on your results with respect to the current allocation method. Do you believe that the costs as currently calculated are accurate? Why or why not?

  1. Determine the estimated cost of each product line using activity-based-costing and the gross profit rate for each. What can you conclude about the cost accuracy of the two methods? Were costs distorted using a single allocation rate method?

  1. As a result of the new cost information calculated, what actions can management take to make this company more profitable? Be explicit.

[1] This case is an adaptation of a Harvard Business School Case 9/17/98.

In: Finance

Draw the Trade-off between Agency Efficiency and Technical Efficiency graph in BLACK. Define and explain what...

  1. Draw the Trade-off between Agency Efficiency and Technical Efficiency graph in BLACK.
    1. Define and explain what a relationship-specific asset is.
    2. Explain why a relationship specific asset is critical to the make or buy decision.
    3. Define and explain the technical efficiency curve.
    4. Define and explain the agency efficiency curve.
    5. Why is the "technical efficiency" line above the x-axis?
    6. Why does the "agency efficiency" line cross the x-axis?
    7. How might globalization affect the trade-offs between technical and agency efficiency? On top of the original graph, draw a change from globalization in RED.
    8. How might advances in information technology affect the trade-offs between technical and agency efficiency? On top of the original graph, draw a change from technology in BLUE.

In: Economics