Question: Part 3: Technical Report on Multi-Attribute Value Analysis [40 marks) As part of a wider improvement initiative, the hospital manager is considering how the hospital's

 Part 3: Technical Report on Multi-Attribute Value Analysis [40 marks) As

Part 3: Technical Report on Multi-Attribute Value Analysis [40 marks) As part of a wider improvement initiative, the hospital manager is considering how the hospital's blood bank service can be made more efficient and more effective. At present, the main blood bank, where donated blood is stored, is at a large regional hospital about 80km away. The local hospital has only a small blood bank facility where typically only a few days' supply of blood can be safely stored. The regional hospital routinely supplies blood on an anticipated or forecast basis and these stocks are replenished every few days or, in the event of a stock shortage at the locai hospital, can be shipped through at a few hours notice (although at considerable cost). The hospital manager is reviewing a number of options and has heard {vaguely} about the use of multi-criteria methods. She has asked you to develop an outline multi-criteria model to help her reach a decision between the options. The options under consideration are: Option A: continue the existing system. In one sense this would be the easiest option. However, it also carries some risks as the hospital occasionally experiences times when it runs out of stocks of certain blood types and emergency supplies have to be sent across from the regional hospital. The cost of this is high {because of the specialist transportation needed) contributing to budget

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