Broad Overall Problems in the hospital:
Unnecessary Costs:
Unnecessary costs is an issue within the hospital for a couple different reasons. First, since the MAR was not kept where it should have been when the patients got medication, this could cause issues of not knowing whether a patient received medication already. Which could result in another dose, meaning more costs for the hospital. The hospital needs to strive to keep the costs of care as low as possible as well as cut out medically unnecessary things such as sending placentas to the pathology lab for testing. By making changes to “the way they’ve always done things,” it will be easier to make the hospital more revenue and more efficient.
Communication Errors:
Often times, nurses wouldn’t have the time to chart in the MAR when the medication was administered. This is an issue because it can cause disconnect when there may be a shift change, that could result in an additional dose of medication, causing the quality of care for the patient to decrease. While the nurses are not the only people within the hospital to have charting errors, ancillary services also had issues with charting. They would lose reports or not get the charts on time, which caused issues for the hospital as well as the physicians. The physicians wouldn’t be able to discharge the patients in a timely manner, which would result in less revenue for the hospital itself.
OB Department Against Change:
There was a lot of competition within Pensacola for new families. After the hospital understood what these patients wanted, a family centered birth experience, the hospital worked to change the way that they delivered their care to these patients. There were many positions in support of these new changes, however, nursing staff and nursing management, especially the OB supervisor were set against this. Instead, they wanted to keep practicing how they’ve been doing it within the OB department. There were many nurses that no longer work in the OB department because of this change.
Specific problems in the hospital:
The shift from prescribing antibiotics:
The shift from prescribing antibiotics in the recommended ways to use the local prescribing patterns. The shift in prescribing antibiotics was caused to cut the costs which resulted in saving $200.000 annually. Management should have considered their cost-cutting plans without ignoring patients’ safety, and outcomes. This problem caused in delaying patients from receiving their prescribed antibiotics for days. It is concerning because of the lack of quality was shown from the hospital in delivering their services focusing on cutting the costs and not considering about the patients’ conditions.
Not involving fathers in the birth process:
This problem showed a weak part of the hospital’s system in not making their system to be designed as patient-center care. Instead, the system was built based on rules that they had to follow. The system should have been built to be based on the customers’ needs and should have targeted their satisfaction. It is concerning because the healthcare delivery system should be delivered as patient centered.
Labor Delivery Recovery Postpartum implementation:
The hospital’s management implemented the LDRP concept too fast. The nursing management did not like the idea of the implementation. However, the hospital kept the process going which resulted in retainment and resignation over the staff. The LDRP caused unclear charging structure, and duplicated and missing charges. It is concerning because the hospital’s management did not take the necessary steps by evaluating the structure before implementing the concept.
In: Operations Management
Write information about one occurrence that happened at a counseling agency that works with the addiction population, through group and individual counseling. Answer with a paragraph for each writing prompt. Point out core competencies and learning objectives.
1. What was the one occurrence that happened?
2. Examine the occurrence and explain why it occurred.
3. Describe the human instincts that were felt and the actions that followed.
4. Define what core competencies were addressed in the occurrence and what behavior models might apply.
In: Psychology
The five major activities of an operating system in regard to process management are?
In: Computer Science
Assignment:
Evaluating a Capital Expense Using the Payback Method
The Happy Healing Hospital CFO has just sent a memo to all departments requesting a list of any capital expenses along with the justification for each item requested. The decision bring the Release of Information copy service back to in house rather than outsourcing it. You have already completed the research for leasing verses purchasing the equipment to be used for the project. At this point, it is a matter of deciding which option would be best financially and writing the justification for your recommendations to present at the weekly department meeting. To Purchase
You estimate that to purchase there will be an initial investment of $34,000 for a printer/fax/copy machine and dedicated computer. The estimated income will be $55,000 over the next 5 years. Current staff will be used.
Complete the table below.
(Hint: Your “remaining balance will be carried over as the investment for the following year.)
Year | Average Net Income | Initial Investment | Remaining |
0 | 0 | $34,000 | |
1 | $3,000 | $34,000 - $3,000 = | $31,000 |
2 | $7,000 | ||
3 | $10,000 | ||
4 | $15,000 | ||
5 | $20,000 | ||
Total | $55,000 |
To Lease
Your research shows that the same equipment will cost $3,000 per month to lease with no initial investment. However, there is a maintenance contract that will cost an additional $150 per month. Create a table to show these expenses.
Evaluation and Recommendation
Evaluate the two tables. Which do you feel would be the better option?
Write a brief justification for your recommendation using this information with a specific comparison between the two options.
In: Finance
hink about a hospitality or tourism company that you consider to have the very best customer service. It can be a large well known company or a smaller local company. Tell me about this company and why you have chosen it. What is it about the service that keeps you returning?
In: Operations Management
The board of directors at a large corporation wants to
base their division managers' pay raises on the profit performance
of their respective divisions. They have asked you to evaluate the
performance and raises at other companies and propose a formula for
calculating the percentage increase in base pay based on the
percentage change in the division's profit. You collected
information from 50 divisions at similar companies and performed a
linear regression on the percentage change in the division profits
vs. the percentage change in the manager’s salary.
Use what you have learned about linear regression to
answer the following questions. Click here to
download the output from the Excel ToolPak, Regression
Tool.
Response Parameters
What is the regression equation from the Summary
Output? Is this a useful model? How do you know?
Are the assumptions of regression satisfied? How did
you verify them?
Does change in division profit appear to be a good
predictor for the manager’s pay raise? Why do you think
that?
One of your company’s divisions had a –0.51 percent
change in profits last year, while another had a 20 percent
increase. What is the predicted percentage change in salary for
these two division managers?
In: Math
How do you think the spread of social media is likely to shift patterns of culture? Do you think culture around the world will become more similar or more different as a result? Why?
In: Psychology
In: Computer Science
In: Nursing
def main():
phrase = input('Enter a phrase: ') # take a phrase from user
acronym = '' # initialize empty acronym
for word in phrase.split(): # for each word in phrase
acronym += word[0].upper() # add uppercase version of first letter
to acronym
print('Acronym for ' + phrase + ' is ' + acronym) # print
results
main()
The program should then open the input file, treat whatever is on each line as a phrase and make its acronym using the function you wrote. It should print the acronyms, one per line to the output file. Assume that the input file will be already present in your default Python folder. The output file will be expected to get saved to the same folder. See below for an example input file input.txt and its corresponding output file output.txt that the program should generate.
Input: personal computer
Output:PC
In: Computer Science
The current stock price of RWJ is $312.32. You have the following quotes on RWJ options:
Expiration |
Exercise Price |
Calls |
Puts |
Dec |
305 |
27.40 |
8.25 |
Jan |
310 |
18.43 |
14.15 |
Feb |
315 |
19.55 |
20.00 |
May |
320 |
25.55 |
30.40 |
a. Which of the options are in the money?
b. What is the exercise value of a February call option with a
strike price of $315?
c. Suppose you buy 10 contracts of the February 315 call option.
How much will you pay, ignoring
commissions
d. Suppose you buy 10 contracts of the February 315 call option. If
RWJ stock is selling for $310 per
share on the expiration date, what is your profit or loss?
e. Suppose you buy 10 contracts of the February 315 call option. If
RWJ stock is selling for $320 per
share on the expiration date, what is your profit of loss?
f. Suppose you buy 10 contracts of the May 320 put option. What is
the maximum profit you could
achieve?
In: Finance
QUESTIONS:
Have you done any computer programming in the past. If YES which language did you like the most and why. If NO, which languages would you like to learn and why.
What are some objected oriented programming languages in the market.
What is the difference between JAVA, PYTHON and R programming language.
What is Angular JS and how is it different from object oriented programming.
What are loops, arrays, if conditions and method / function in the context of programming languages.
What are popular programming languages to do data science / data mining. Why?
What are come popular programming language for mobile development.
Give three reasons why business students should learn computer programming today.
In: Operations Management
You and your team are financial consultants who have been hired by a large, publicly traded electronics firm, Brilliant Electronics (BI), a leader in its industry. The company is looking into manufacturing its new product, a machine using sophisticated state of the art technology developed by BI’s R&D team, overseas. This overseas project will last five years. They’ve asked you to evaluate this project and to make a recommendation about whether or not the company should pursue it. BI’s management team needs your recommendation and the analysis used to arrive at it by no later than December 4, 2019.
The following market data on BI’s securities are current:
Debt: 210,000 6.4 percent coupon bonds outstanding, 25 years to maturity, selling or 108 percent of par; the bonds have $1000 par value each and make semi-annual payments
Common Stock: 8,300,000 shares outstanding, selling for $68 per share; beta=1.1
Preferred Stock: 450,000 shares of 4.5% preferred stock outstanding, selling or $81 per share
Market: 7 percent expected market risk premium; 3.5 percent risk-free rate
The company bought some land three years ago for $3.9 million in anticipation of using it as a toxic dump site for waste chemicals, but it built a piping system to safely discard the chemicals instead. The land was appraised last week for $4.4 million on an after-tax basis. In five years, the after-tax value of the land will be $4.8 million, but the company expects to keep the land for a future project. The company wants to build its new manufacturing plant on this land; the plant will cost $37 million to build.
At the end of the project (the end of year 5), the plant can be scrapped for $5.1 million. The manufacturing plant will be depreciated using the straight line method.
The company will incur $6,700,000 in annual fixed costs excluding depreciation. The plan is to manufacture 15,300 machines per year and sell them at $11,450 per machine; the variable production costs are $9,500 per machine. Selling price and costs are expected to remain unchanged over the life of the project.
BI uses PK Global (PKG) as its lead underwriter. PKG charges BI spreads of 8% on new common stock issues, 6% on new preferred stock issues, and 4% on new debt issues. PKG has included all direct and indirect issuance costs (along with its profit) in setting these spreads. BI’s tax rate is 35 percent. The project requires $1,300,000 in initial net working capital investment to get operational. Assume BI raises all equity for new projects externally (that is, BI does not use retained earnings).
The weighted average flotation cost is the sum of the weight of each source of funds in the capital structure of the company times the flotation costs, so:
fT = ($564.4/$827.65)(0.08) + ($36.45/$827.65)(0.06) + ($226.8/$827.65)(0.04) = 0.0682, or 6.82%
Thus the initial investment is increased by the amount of flotation costs:
(Amount raised)(1 – 0.0682) = $37,000,000
Amount raised = $37,000,000/(1 – 0.0682) = $39,708,092
Your analysis should include, and your recommendation should be based on, the following:
This project is somewhat riskier than a typical project for BI; therefore, management has asked you to use an adjustment factor of 12% to account for this increased riskiness (that is, to add 12% to the firm’s cost of capital) to estimate the project’s required rate of return.
(NOTE: Flotation costs do not have to be considered when calculating the required rate of return for each class of security – they are addressed in this problem by adjusting the cost of the initial investment to $39,708,092 from $37,000,000).
(Note: You can present the cash flows from Year 0 to Year 5 in a table format)
In: Finance
In: Operations Management
In: Operations Management