Suppose a clinic wants to adopt a new reservation policy to save costs. A process operation director
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Question:
Suppose a clinic wants to adopt a new reservation policy to save costs. A process operation director simulates the system with 5 replications, and the calculated cost is shown in the table below. Perform a comparative analysis of the baseline system using the paired-t test with = 0.10. Note that you can refer to the t statistic from Table 1 in the appendix.
Replication | Costs of baseline model | Costs of new reservation policy |
1 | 129.2 | 126.5 |
2 | 127.4 | 125.8 |
3 | 121.4 | 123.4 |
4 | 121.8 | 117.3 |
5 | 126.8 | 125.8 |
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