Business

Discuss the elements that should be present in notice of privacy practices (NPP) to meet HIPAA Privacy Rule criteria.

Discuss the elements that should be present in notice of privacy practices (NPP) to meet HIPAA Privacy Rule criteria. EXPERT ANSWER The HIPAA Privacy Rule criteria provides a new fundamental right to the individuals to be informed about the individuals privacy practices of the health plan, the providers of health care, and the personal health …

Discuss the elements that should be present in notice of privacy practices (NPP) to meet HIPAA Privacy Rule criteria. Read More »

The _______________________ approach is most often used in business because of the way in which it accounts for costs and benefits.

The _______________________ approach is most often used in business because of the way in which it accounts for costs and benefits. EXPERT ANSWER Answer: Cost approach In cost approach, decisions relevant to purchase of lease, rebuild or replace etc are taken, based on the costs expected to incur in relevance to the asset and benefits …

The _______________________ approach is most often used in business because of the way in which it accounts for costs and benefits. Read More »

Considering the viewpoints of the critics regarding TOMS’s charity model, discuss its pros and cons. What type of sustainable charitable causes can TOMS pursue in the future that will attract more customers to its social marketing efforts?

Considering the viewpoints of the critics regarding TOMS’s charity model, discuss its pros and cons. What type of sustainable charitable causes can TOMS pursue in the future that will attract more customers to its social marketing efforts? EXPERT ANSWER Answer:- Toms, the pioneer of the one-for-one charitable model, will no longer donate a pair of …

Considering the viewpoints of the critics regarding TOMS’s charity model, discuss its pros and cons. What type of sustainable charitable causes can TOMS pursue in the future that will attract more customers to its social marketing efforts? Read More »

1. Discuss TOMS ethical foundation and its approach to social marketing and corporate social responsibility. Would TOMS have succeeded without its One for One business model? 2. Given the increasing trend toward ethical consumerism or conscientious consumption, discuss how consumers evaluate TOMS’s ethical supply chain and charitable causes as part of their decision making

1. Discuss TOMS ethical foundation and its approach to social marketing and corporate socialresponsibility. Would TOMS have succeeded without its One for One business model? 2. Given the increasing trend toward ethical consumerism or conscientious consumption, discuss how consumers evaluate TOMS’s ethical supply chain and charitable causes as part of their decision making EXPERT ANSWER …

1. Discuss TOMS ethical foundation and its approach to social marketing and corporate social responsibility. Would TOMS have succeeded without its One for One business model? 2. Given the increasing trend toward ethical consumerism or conscientious consumption, discuss how consumers evaluate TOMS’s ethical supply chain and charitable causes as part of their decision making Read More »

Florida Citrus produced 40000 boxes of fruit that sold for OMR 3 per box. The total variable costs for the 40000 boxes were OMR 60000, and the fixed costs were OMR 75000. (a) What was the break-even quantity? (b) How much profit (or loss) resulted? (Ans.(a) 50000 boxes and (b) OMR 15000 loss) Draw a graph for the above question. Take appropriate scale on x and y axes. Label axes. Show Break-even point, break-even cost and break even quantity.

EXPERT ANSWER A. Break-even Quantity, QBEP = Fix cost /[ Revenue per unit – Variable cost per unit] VAriable cost per unit = 60,000/40,000 = OMR 1.5 Qbep = 75,000 / 3 – 1.5 = 75,000 / 1.5 = 50,000 boxes Break-even point = 50,000 boxes B. Profit/Loss for Q= 40,000 Profit = Q *( Revenue coat per unit …

Florida Citrus produced 40000 boxes of fruit that sold for OMR 3 per box. The total variable costs for the 40000 boxes were OMR 60000, and the fixed costs were OMR 75000. (a) What was the break-even quantity? (b) How much profit (or loss) resulted? (Ans.(a) 50000 boxes and (b) OMR 15000 loss) Draw a graph for the above question. Take appropriate scale on x and y axes. Label axes. Show Break-even point, break-even cost and break even quantity. Read More »

9. It matters whether the multi-step process starts empty or not when computing the time it takes to produce a certain order quantity. True or False? 22. Patients are arriving at a clinic at a rate of two per minute. Each patient’s visit consists of four steps: check in, record vital signs, receive treatment, and check out. A receptionist takes 1 minute to check a patient in. A nurse takes 2 minutes to record the patient’s vital signs. A doctor spends 10 minutes with a patient. A staff member takes 3 minutes to check a patient out. a. What is the process capacity in patients per hour? b. What is the utilization of the checkout resource? c. What is the cycle time of the process in minutes?

EXPERT ANSWER Answer 22: A: Doctor is the bottleneck, hence doctor capacity = actual capacity = 60/task time of doctor= 60/10= 6 patients per hour Check out resource capacity= design capacity of checkout resource= 60/task time of checkout= 60/3= 20 patients per hour B: Utilization of checkout resource= actual capacity/design capacity= 6/20= 0.3 or 30% C: Cycle …

9. It matters whether the multi-step process starts empty or not when computing the time it takes to produce a certain order quantity. True or False? 22. Patients are arriving at a clinic at a rate of two per minute. Each patient’s visit consists of four steps: check in, record vital signs, receive treatment, and check out. A receptionist takes 1 minute to check a patient in. A nurse takes 2 minutes to record the patient’s vital signs. A doctor spends 10 minutes with a patient. A staff member takes 3 minutes to check a patient out. a. What is the process capacity in patients per hour? b. What is the utilization of the checkout resource? c. What is the cycle time of the process in minutes? Read More »

Question 15 2 pts Patients are arriving at a clinic at a rate of two per minute. Each patient’s visit consists of four steps: check in, record vital signs, receive treatment, and check out. A receptionist takes 1 minute to check a patient in. A nurse takes 2 minutes to record the patient’s vital signs. A doctor spends 10 minutes with a patient. A staff member takes 3 minutes to check a patient out. The cycle time of the process is minutes. (Round up to the nearest integer) Previous Qui sa vadat 6.51m Submit

EXPERT ANSWER Answer:- According to given data Cycle time of the process = longest task time of the process Where for check in = 1 minute For record sign = 2 minutes For Treatment = 10 minutes, where doctor spend with patients For check out = 3 minutes From the above data the cycle time …

Question 15 2 pts Patients are arriving at a clinic at a rate of two per minute. Each patient’s visit consists of four steps: check in, record vital signs, receive treatment, and check out. A receptionist takes 1 minute to check a patient in. A nurse takes 2 minutes to record the patient’s vital signs. A doctor spends 10 minutes with a patient. A staff member takes 3 minutes to check a patient out. The cycle time of the process is minutes. (Round up to the nearest integer) Previous Qui sa vadat 6.51m Submit Read More »

Patients are arriving at a clinic at a rate of 33 per hour. Each patient’s visit consists of four steps: check in, record vital signs, receive treatment, and check out. A receptionist takes 1 minute to check a patient in. A nurse takes 2 minutes to record the patient’s vital sign. A doctor spends 11 minutes with a patient. A staff member takes 4 minutes to check a patient out. What is the utilization rate (in percentage) of the staff member checking out patients? (Note that your answer should NOT include “%”. For instance, if your answer is 20%, then you should write 20 in the blank.) Round your answer to the nearest integer.

EXPERT ANSWER Ans- Utilization rate = 40

Patients are arriving at a clinic at a rate of two per minute. Each patient’s visit consists of four steps: check in, record vital signs, receive treatment, and check out. A receptionist takes 1 minute to check a patient in. A nurse takes 2 minutes to record the patient’s vital sign. A doctor spends 10 minutes with a patient. A staff member takes 3 minutes to check a patient out. What is the utilization of the staff member checking out patients?

(a) 20% (b) 10% (c) 30% (d) 100% EXPERT ANSWER (c) 30% – The above-mentioned option is true to the given context. Utilization of checkout = flow rate/capacity of process (checkout) flow rate = 3 mincapacity of process = bottleneck = (doctor) 10 min utilization = 3/10 = .30 = 30%

Salade Normande is the producer of packaged salads that the company distributes throughout France and the Benelux area. Salads are mostly sold in large supermarkets (Carrefour, LeClerc, Champion) or at gas stations. All salads are shipped in a plastic bowl of 26-cm diameter with a smaller plastic bowl for the dressing inside. For its best-selling salad, the “Salade du Chef,” the company operates a five-step process. The activities of the five steps and the associated processing times are shown in the following table.

Station Tasks Processing Time (seconds) ASalad 1 Grab an empty bowlFill with green saladAdd five slices of tomatoesTotal time for A 612826 BSalad 2 Add four spoons of cornAdd three rings of onionsAdd sliced cucumberTotal time for B 1081331 CAdd meat Carefully cut four slices of meatWeigh slices and ensure a weight of 30–32 gramsAdd …

Salade Normande is the producer of packaged salads that the company distributes throughout France and the Benelux area. Salads are mostly sold in large supermarkets (Carrefour, LeClerc, Champion) or at gas stations. All salads are shipped in a plastic bowl of 26-cm diameter with a smaller plastic bowl for the dressing inside. For its best-selling salad, the “Salade du Chef,” the company operates a five-step process. The activities of the five steps and the associated processing times are shown in the following table. Read More »