Case 16-1: Hospital Supply‚ Inc. Question 1: Total fixed costs (TFC) = fixed costs per unit times normal volume =($660 + $770)*3‚000 = $4‚290‚000. Contribution margin per unit = unit price minus unit variable costs = $4‚350 - $2‚070 = $2‚280. $4‚290‚000 Break - even volume = ------------------ = 1‚882 units $2‚280 Break - even sales =1‚882 units x $4‚350 = $8‚186‚700 Question 2: Effects on monthly shares‚ costs and income. [pic]
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1 TEAM 3 Krystal Dickout Delmar Franks Vanessa Pena Michael Piatek Hardy Hospital Case Study 1. What are good estimates of order cost and inventory holding cost? ( State all assumptions and show all computations.) ○ Order Cost: ■ $20.00 per hr x 1.5 hr (Average purchase order processing cost) = $30.00 (Total purchase order cost) ■ $30.00/3 (sku per purchase order) = $10.00 ○ Inventory Holding Cost: ■ $4.60 (Square foot price) x 36‚750 (SQFT of storage space)
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Susan Brinson Journal Entry for Hospital Sketches by Louisa May Alcott I thoroughly enjoyed this reading‚ and having never read Little Women‚ this was my first experience with Louisa May Alcott. I am impressed and amused at Nurse Periwinkle’s candor‚ and her overall enthusiasm for life. After all “the Periwinkles are a hopeful race” and “they all wear rose-colored spectacles”. For some reason‚ and I expect it’s simply because I never really delved into it‚ I expected a writer from that time
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Patton-Fuller Community Hospital QUESTIONS 1. What additional factors encountered in international as compared with domestic financial management? Discuss each briefly. International financial management is faced with many more business factors than domestic financial management. For instance‚ international businesses are required to operate in many different financial aspects around the world. International financial management must deal with customers‚ shareholders‚ vendors‚ and
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Running head: WHAT MAKES A TOP 100 HOSPITAL? 1 What Makes a Top 100 Hospital? A Review of Hill Country Memorial Hospital Jane Doe DeVry University Author Note This paper was prepared for HSM 310‚ Introduction to Health Services Management‚ taught by Professor Klense. WHAT MAKES A TOP 100 HOSPITAL? 2 Abstract The competition in healthcare is growing‚ and with good reason. There is a greater demand as our population
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I chose UF Health Shands hospital in Gainesville‚ Fl as my healthcare setting. To give some background‚ with a combined 996 licensed beds ‚UF Health Shands hospital in Gainesville‚ Fl include UF Health Shands Children’s hospital‚ UF Health Shands Cancer hospital‚etc. The missions that the hospital upholds are patient care‚ research‚ education‚ and community service. Their values are centered around accountability‚ diversity‚ excellence‚ innovation‚ integrity‚ teamwork‚ and trust. The overall goal
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Cardinal Glennon Children’s Hospital in St. Louis‚ Missouri is a Catholic non-profit community hospital. SSM Health offers care through 20 hospitals‚ 63 outpatient care sites‚ nursing homes‚ hospice and more. One of those 20 hospitals include Cardinal Glennon Children’s Hospital. (SSMHealth‚ 2017) Cardinal Glennon is among one of the leading academic medical centers in its region. Cardinal Glennon Children’s Hospital is not just your day to day walk in Emergency Room type hospital. Cardinal Glennon is
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should the hospital board make for next year and the next five years? After reviewing the balance sheets for the Patton Fuller Community Hospital for the next fiscal year‚ it shows that the hospital will break even. For the year the hospital is making enough money that will cover all of their debts. The hospital will not make any profits. To avoid debts of the hospital from increasing‚ the hospital will need to increase their revenues. Healthcare organizations need to realize hospital revenue management
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1. As an administrator of Blue Ridge Community Hospital‚ I would expect to see an overall increase in the various types of community outreach programs being offered by the hospital. With the primary focus being on diet and exercise; this project would be developed and overseen by various staff members within the hospital. One example of a new outreach program that could be offered is healthy cooking and or making healthy eating choices. These types of programs could be developed for various demographics
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The North Texas State Hospital has two locations one being in Vernon and the other in Wichita Falls. It is considered the largest state hospital in Texas serving over 30 counties. The Wichita Falls Campus provides general psychiatric inpatient services for child‚ adolescent‚ adult‚ and geriatric patients. Patients admitted to the state hospital are typically on a court ordered temporary commitment‚ 46-B commitment for competency restoration‚ voluntary or an emergency commitment. Patients are
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