The below table shows the number of operations with 78 Beds (26 patients per day). Each...
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The below table shows the number of operations with 78 Beds (26 patients per day). Each row in the table shows the number of patients who checked in on a given day. The columns indicate the number of patients in the hospital on a given day. Patients check in to the hospital the day before their operation is scheduled and stay there for three days. CHECK-IN DAY Monday MONDAY 26 Tuesday 26 Wednesday 2220 25 TUESDAY WEDNESDAY 26 BEDS REQUIRED THURSDAY FRIDAY SATURDAY SUNDAY 26 26 26 Thursday 2220 26 26 26 26 26 26 Friday Saturday Sunday 26 26 26 Total 52 78 78 78 52 26 26 For example, the first row of the table shows that 26 people checked in on Monday and were in the hospital for Monday, Tuesday, and Wednesday. By summing the column of the table for Wednesday, we can find that there are 78 patients staying in the hospital that day. The medical facilities at Shouldice consist of five operating rooms, a patient recovery room, a laboratory, and six examination rooms. An operation at Shouldice Hospital is performed by one of the 12 full-time surgeons assisted by one of seven part-time assistant surgeons. Surgeons generally take about one hour to prepare for and perform each hernia operation. Now look at the effect of increasing the number of beds by 50 percent. Although financial data are sketchy, an estimate from a construction company indicates that adding bed capacity would cost about $100,250 per bed. In addition, the rate charged for the hernia surgery varies between about $700 and $2,150 (U.S. dollars), with an average rate of $1,100 per operation. The surgeons are paid a flat $400 per operation. How many weeks would it take the hospital to payback its investments? Note: Round your answer to 1 decimal place. Payback weeks The below table shows the number of operations with 78 Beds (26 patients per day). Each row in the table shows the number of patients who checked in on a given day. The columns indicate the number of patients in the hospital on a given day. Patients check in to the hospital the day before their operation is scheduled and stay there for three days. CHECK-IN DAY Monday MONDAY 26 Tuesday 26 Wednesday 2220 25 TUESDAY WEDNESDAY 26 BEDS REQUIRED THURSDAY FRIDAY SATURDAY SUNDAY 26 26 26 Thursday 2220 26 26 26 26 26 26 Friday Saturday Sunday 26 26 26 Total 52 78 78 78 52 26 26 For example, the first row of the table shows that 26 people checked in on Monday and were in the hospital for Monday, Tuesday, and Wednesday. By summing the column of the table for Wednesday, we can find that there are 78 patients staying in the hospital that day. The medical facilities at Shouldice consist of five operating rooms, a patient recovery room, a laboratory, and six examination rooms. An operation at Shouldice Hospital is performed by one of the 12 full-time surgeons assisted by one of seven part-time assistant surgeons. Surgeons generally take about one hour to prepare for and perform each hernia operation. Now look at the effect of increasing the number of beds by 50 percent. Although financial data are sketchy, an estimate from a construction company indicates that adding bed capacity would cost about $100,250 per bed. In addition, the rate charged for the hernia surgery varies between about $700 and $2,150 (U.S. dollars), with an average rate of $1,100 per operation. The surgeons are paid a flat $400 per operation. How many weeks would it take the hospital to payback its investments? Note: Round your answer to 1 decimal place. Payback weeks
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Operations And Supply Chain Management The Core
ISBN: 9781264098378
6th Edition
Authors: F. Robert Jacobs, Richard Chase
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