Setup is reengineered so that it takes 60% of the original cost per setup. n Production control software will allow production control effort and cost per production rur to decline by 60%. Moving distance was reduced by 40 %, thus reducing the cost per move by the same amount a. Determine the revised activity cost per unit under the proposed changes. b. Did these improvements reduce the activity cost per unit? C. What cost per unit for setup would be required for the solution in (a) to equal the base solution? MAD 4-5 Analyze Lancaster County Hospital Obj. 7 Lancaster County Hospital uses activity-based costing to determine the cost of serving patients. The hospital identified common treatments and developed the activity-based cost per patient by treat- ment. The activities and activity rates fora patient receiving coronary bypass surgery are as follows: Activity Activity Rate Admission $150 per admission $3,000 per hour $50 per nursing care unit $100 per discharge Operating room Nursing Discharge Nursing care units are measures of time and effort to perform nursing duties, such as providing IV care, checking vital signs, and administering drugs. It is determined that there are an aver- age of 10 nursing care units per patient day in the hospital for a coronary bypass. The average bypass patient is in the hospital for 6 days. The bypass procedure requires an average of 3 hours of operating room time. a. Determine the activity cost per patient for the coronary bypass treatment. b. Assume the hospital was able to make improvements such that the average length of stay in the hospital for the bypass was reduced from 6 days to 5 days. Further assume that additional improvements in medical technology reduced the operating room time for a hours. Determine the activity cost per patient for the coronary bypass treatment under these revised conditions. What is the cost improvement? bypass to 2/

What is the net present value of the cost of treatment A. Treatment A costs $1000 now, $1000 after one year, and $1000 in year 2?  (apply a discount rate of 5%). This is for healthcare management area of focus. Please show steps.

A privately run, for-profit, prison is considering ways in which it can cut its monthly costs and therefore increase profit. One idea it is considering is to pay a judge to guarantee convicted prisoners in poor health win their appeals and are set free. The prison believes it can realize the monthly cost savings below over the initial year of the plan. What is the present value of the first year's monthly cost savings? My answer is suppose to come up with 49701. This is the third time I have sent this problem threw I need to be credited for the other two times. I am waisting my questions by having to resubmit the questions 2 to 3 times. Please help thanks!! Month Savings ($) 1 3,500 2 6,000 3 6,500 4 9,000 5 9,000 6 9,000 7 9,400 8 9,800 9 4,800 10 5,000 11 2,000 12 3,500 Total 77,500

View Policies Current Attempt in Progress A hospital is considering purchasing a new medical dispensing cabinet that will cost $290,000. It believes that this cabinet will reduce the amount of labor required to track and administer medications and will also result in fewer expired medicines. It estimates the medical dispensing cabinet will result in a savings of $34,000 at the end of year one and that the savings will increase by $8,000 per year for each of the 8 years that the machine will be used. What is the IRR of this investment? Click here to access the TVM Factor Table calculator. % Carry all interim calculations to 5 decimal places and then round your final answer to 1 decimal place. The tolerance is ±0.3. If the hospital's MARR is 12%, should they invest in this cabinet?

Help please. My answer is wrong Required information Vancouver Shakespearean Theater's board of directors is considering the replacement of the theater's lighting system. The old system requires two people to operate it, but the new system would require only a single operator. The new lighting system will cost $115,700 and save the theater $24,000 annually for the next eight years. Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.) Suppose the Vancouver Shakespearean Theater's board is uncertain about the cost savings with the new lighting system. Required: How low could the new lighting system's annual savings be and still justify acceptance of the proposal by the board of directors? Assume the theater's hurdle rate is 12 percent. (Round final answer to 2 decimal places.) X Answer is complete but not entirely correct. Annual $ 27,829.36 x savings

Major medical complexes and their service providers continue to move toward advanced health informatics - acquiring, managing, and using information to provide better healthcare. A new analyzer for researching and evaluating patient samples, and making informed recommendations in the treatment of complex blood cancers, is purchased for $215,000. It is estimated to have a useful life of 6 years and to be sold at the end of that time for $10,000. Part a Develop a table showing the depreciation and book value for each year using both the Excel® DDB worksheet function and the Excel® SLN worksheet function such that the depreciation switches from double declining balance to straight-line at the optimum time. Year 1 2 3 4 сл $ $ $ $ $ $ Depreciation $ $ $ $ $ $ Book Value

Suppose in a given state's new insurance marketplace, with community rating and no restrictions on who can buy at the community rate, the risk pool (distribution of expected health costs) is as follows: 20% of eligible enrollees' expected health costs = $1,000 (per year) 50% of eligible enrollees' expected health costs = $2,000 10% of eligible enrollees' expected health costs = $3,000 20% of eligible enrollees' expected health costs = $6,000                                 What would the community premium rate for this risk pool be if we also assume 10% loading costs for the insurer to cover its admin costs.

Net Present Value and Internal Rate of Return. Below are the projected revenues and expenses for a new clinical nurse specialist program being established by your healthcare organization. The nurses would provide education while patients are in the hospital and home visits are on a fee-for-service basis after patients have been discharged Should the hospital undertake the program if its required rate of return is 12%? Note:  it must be assumed that the revenues and costs in this problem represent cash flows. Present value analysis is based on cash, not revenue or expenses. Provide a response to support the findings in the table listed below. Your response should be at least a half page long in addition to the table. Please include citations.     Year One Year Two Year Three Year Four Total Revenue $100,000 $150,000 $200,000 $250,000 $700,000 Costs $150,000 $150,000 $150,000 $150,000 $600,000   $ <50,000> $0 $50,000 $100,000…

From the Case Study"DISTRICT HEADQUARTER HOSPITAL: FINANCIAL FEASIBILITY STUDY" Prepare in as much detail as possible, the projected financial statements, for District Headquarter Hospital for the next six years. The financial statements should comprise projected Balance Sheets, Income Statements and Cash Flow Statements for each of these years.

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