Question: The question need to analyze What do you think following ratio? If we lose money on the new model, what price can we negotiate
The question need to analyze " What do you think following ratio?
If we lose money on the new model, what price can we negotiate with the IV distributor to cover our loss?





TABLE IV-A Hays County IDS Discharges LOS= length of stay; SNF= skilled nursing facility TABLe IV-B Percentage of Discharges by Payer TABLe IV-C 2017 Charges per Discharge/Visit (\$) TABLE V Radiology Department Procedures TABLE VI-A Salary Survey of Area Hospitals Average Hourly Rates (in dollars, without benefits), December 2017 TABLE VI-B Hays County IDS Staffing contract 84% RNs, 10\% Nursing Assistants, 5% Head Nurses, 1% Clerks 2. I also need your assistance in calculating the following economic order quantity [Qe] given new data for 2017 . Our inventory generally follows Pareto's Law; therefore, I have emphasized controlling those items representing the majority of our inventory activity. One of those items is IV [intravenous] setups. Our current situation is as follows: The IV distributor would like to distribute a new model setup in 2017 at the same price, but he tells us that he is willing to reduce our carrying costs by making monthly deliveries. After discussing this proposal with Ms. Care, I discovered that training will be required for the new setup. Ms. Care believes, and the distributor agrees, that each registered nurse will be required to attend a two-hour seminar. I'm not sure where we put this training cost in the total cost formula. Ms. Care tells me there are significant quality advantages with the new setup and she would prefer the new setup. What do you think? If we lose money on the new model, what price can we negotiate with the IV distributor to cover our loss? TABLE IV-A Hays County IDS Discharges LOS= length of stay; SNF= skilled nursing facility TABLe IV-B Percentage of Discharges by Payer TABLe IV-C 2017 Charges per Discharge/Visit (\$) TABLE V Radiology Department Procedures TABLE VI-A Salary Survey of Area Hospitals Average Hourly Rates (in dollars, without benefits), December 2017 TABLE VI-B Hays County IDS Staffing contract 84% RNs, 10\% Nursing Assistants, 5% Head Nurses, 1% Clerks 2. I also need your assistance in calculating the following economic order quantity [Qe] given new data for 2017 . Our inventory generally follows Pareto's Law; therefore, I have emphasized controlling those items representing the majority of our inventory activity. One of those items is IV [intravenous] setups. Our current situation is as follows: The IV distributor would like to distribute a new model setup in 2017 at the same price, but he tells us that he is willing to reduce our carrying costs by making monthly deliveries. After discussing this proposal with Ms. Care, I discovered that training will be required for the new setup. Ms. Care believes, and the distributor agrees, that each registered nurse will be required to attend a two-hour seminar. I'm not sure where we put this training cost in the total cost formula. Ms. Care tells me there are significant quality advantages with the new setup and she would prefer the new setup. What do you think? If we lose money on the new model, what price can we negotiate with the IV distributor to cover our loss
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