Economic Issues Simulation 440 June 3‚ 2013 Janine Lewis Economic Issues Simulation Health Maintenance Organizations (HMOs) have an important role to their patients and their health care providers. Castor Collins Health Care Plan was found in the year of 1999‚ in Pantome. This particular HMO service provide health care insurance and health care services to a variety of physicians and hospitals. This company used the capitation idea for compensation to pay its health care providers
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On Friday July 15‚ my group of medical student visited the simulation laboratory. After climbing a couple sets of stairs we were broken off into three different groups for three different sets of activities. The first for me a combination of a couple of simulations. The first one was a simulation designed to help surgeons further develop their skills. We used small clamps to pick up and move rings to different poles. This seems quite simple but we had to do it looking at a monitor that projected
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group dynamics were such that we did not effectively utilize the resources we had‚ and consequently pooled a very limited amount of information. Rather than minimizing our risk‚ we increased it. I attribute much of our group’s failure at this simulation to process loss‚ which is defined as the problems that arise from lack of effective coordination among group members. A number of factors at play could explain the process loss which led to our counterintuitive results. First and foremost‚ one must
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Pizza Store Layout Simulation University of Phoenix Introduction The concept of the learning curve is a powerful tool and is applicable to all learning processes. In this simulation I became the manager and ran the Pizza store hoping to produce a better process for the amount of time a customer waits for their order. The goal of my job was to apply the learning curve concepts to test the alternative against the current process of the Pizza store. I will explain and provide information
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Pricing Simulation During twelve months‚ starting in October‚ we were responsible for setting the pricing strategy of Universal Rental Car Company‚ as the district manager for the Florida region of Orlando. It was a big role as Florida was the company’s worst performing region and had two major problems: “Stock outs”‚ which used to occur during demand peaks‚ and “unsold inventory”‚ which occurred in demand valleys. Furthermore‚ we had to deal with the competitor in an intense price war‚ as the customers
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Organization Structure simulation Organizational structure is the division of labor and the patterns of coordination‚ communication‚ workflow‚ and formal power that guide organizational activities. An organization’s structure reflects the company’s culture and power relationships and can establish new communication patterns and align employee behavior with the company’s mission‚ vision and goals. The organizational structure enables effective communication and smooth workflow‚ but organizational
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Change management simulation As CEO and founder of Spectrum Sunglass Company‚ I want to bring a change in the company that can make the company and its products more environmentally sustainable. To do that‚ I need to convince 20 managers at Spectrum to adopt my initiative in 96 weeks. And I used 85 weeks to reach that goal. Here’s what I did. At the beginning‚ I want to let them be aware of this initiative as soon as possible‚ so my first 3 choices are to issue e-mail notice‚ walk the talk
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1. Playing this simulation has helped me understand the interdependent nature of organizational change management. It has highlighted the complex nature of change management that every director or executive must face to keep all the employees of the company onboard. They must do their best to keep the employees together though it may so appear that the employees do not seem to easily agree with one another. Also‚ the discrepancies between the middle-level and tactical-level employees could be though
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LINKS Simulation Reference Notes Background: About LINKS: * LINKS is a supply chain management simulation * It details all the steps that go into efficiently running a supply chain and how they are interrelated including: analysis‚ planning‚ implementation‚ and evaluation. * Your team can view the results from lasts month’s decision on the LINKS website under the Excel Monthly Results. You should look at trends to determine how your decisions affect your performance. * Although
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Running head: SUPPLY AND DEMAND SIMULATION Supply and Demand Simulation University of Phoenix ECO 365 Supply and demand is considered a basic economic concept‚ as well as a vital part of a free market economy. In whereas supply is the amount of something‚ such as a product or service‚ demand is the amount of the product or service that buyers want to purchase. The relationship between supply and demand has a good deal of influence on the price of goods and services. In the scenario‚ a number
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